Nevitt Fragrances Inc. Renews 20,258 Square Foot Industrial Lease At 10480 Markison Road
10480 Markison Road
Building Size
20,258 SF
Asset Type
Industrial
Closing
Jul 9, 2026
AI
The property involved in this lease transaction is an industrial asset located at 10480 Markison Road, Dallas, TX, encompassing a total area of 20,258 square feet. This lease renewal reflects the ongoing occupancy and operational requirements of Nevitt Fragrances Inc. within the industrial market of northeast Dallas.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 10480 Markison Road
- Market: Dallas, TX
- Asset Size: 20,258 SF
- Landlord: ATCAP Partners
- Tenant: Nevitt Fragrances Inc.
- Landlord's Representative: Josh Barnes, Blake Troiani & Danny Phillips - Holt Lunsford Commercial
- Tenant's Representative: Adam Jones - Stream Realty Partners
This lease renewal was facilitated with representation from Holt Lunsford Commercial on behalf of landlord ATCAP Partners and Stream Realty Partners representing tenant Nevitt Fragrances Inc., resulting in a continued business presence at the specified location.
Players
Markesan Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93