Texas Irrigation Supply Renews 10,625 Square Foot Industrial Lease In Dallas At 10760 Shady Trail
10760 Shady Trail
Building Size
10,625 SF
Asset Type
Industrial
Closing
Jul 7, 2025
AI
The property involved in this transaction is an industrial asset located at 10760 Shady Trail in Dallas. It features an area of 10,625 square feet and is part of a larger building that totals 20,500 square feet. This building was constructed in 1955 and is currently owned by a Dallas family partnership.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10760 Shady Trail
- Market: Dallas
- Tenant: Kurt Slaughter - Texas Irrigation Supply
- Landlord's Representative: Scott Voelkel & Cullen Dickey - Highland Properties
- Tenant's Representative: Andrew Brod - Cresa
This lease renewal was negotiated by Highland Properties and Cresa, reflecting the ongoing relationship between Texas Irrigation Supply and the building. The deal signifies the tenant's commitment to the location and represented a collaborative effort among the real estate professionals involved.
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