Updated Nov 27, 2024
Plant Interscapes Signs Lease For Industrial Space At 10730-10768 N Stemmons Freeway In Dallas
10730 N Stemmons Fwy, Dallas, TX 75220, USA
Building Size
10,068 SF
Asset Type
Industrial
Closing
Jun 8, 1920
About this deal
AI
The recently closed industrial property lease in Dallas, located at 10730-10768 N Stemmons Freeway, is now complete. The property, spanning 10,068 square feet, was leased by Plant Interscapes Inc., with Mike Senneff as the representative. On the landlord's side, DRA Advisors, represented by David Luski, oversaw the lease agreement.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Plant Interscapes Inc.
- Representative: Mike Senneff
- Landlord: DRA Advisors
- Representative: David Luski
- Square Footage: 10,068
The lease transaction was facilitated by Stream Realty Partners, with Drew Feagin and Todd Poticny from Whitebox Real Estate also playing a role in the negotiation.
On the Map
Industrial
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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