Mid-Cities Classics Inc. Leases Industrial Space In Hurst, TX
10728 South Pipeline Road West, Hurst, Texas 76053, United States
Building Size
12,000 SF
Asset Type
Industrial
Closing
Nov 16, 2022
AI
The industrial property located at 10728 S. Pipeline Road in Hurst, TX has been leased. The property spans 12,000 square feet and is owned by Euless Industrial LLC.
Summary of transation details
- Property Type: Industrial
- Transaction Date: November 16, 2022
- Address: 10728 S. Pipeline Road, Hurst, TX
- Tenant: Mid-Cities Classics Inc.
- Landlord: Euless Industrial LLC
The leasing transaction was facilitated by Jason Finch & Michael Spain of Bradford Commercial Real Estate Services, who represented the landlord, Euless Industrial LLC.
Players
Hurst 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