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
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