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10647 Shady Trail Dallas, T...

Texas Envelope Manufacturing Renews Lease For 33k SF Industrial Space In Dallas
LEASEDIndustrial

Texas Envelope Manufacturing Renews Lease For 33k SF Industrial Space In Dallas

10647 Shady Trail Dallas, TX 75220, USA

Building Size

33,000 SF

Asset Type

Industrial

Closing

May 26, 2023

AI

Texas Envelope Manufacturing Co. has renewed its lease for a 33,000-square-foot industrial space located at 10647-10657 Shady Trail in northwest Dallas. The property, owned by TA Realty, features 21-foot clear heights and 15 exterior dock doors.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 10647-10657 Shady Trail, Dallas
  • Market: Dallas
  • Asset Type: Industrial
  • Square Footage: 33,000

The lease transaction was facilitated by Andrew Gilbert and Keaton Brice from Holt Lunsford Commercial, representing the landlord, TA Realty. David Easterling from CBRE represented the tenant, Texas Envelope Manufacturing Co.

Players

Andrew Gilbert

Holt Lunsford Commercial

Broker

14 deals

Broker
TA Realty
TA RealtyLandlord

Dallas 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