LEASEDIndustrial
Rodeo Plastic Bag & Film Leases 69,559 SF Industrial Space At 1100 Chase Road In Mesquite
1100 Chase Rd, Mesquite, TX 75149, USA
Building Size
69,559 SF
Asset Type
Industrial
Closing
Sep 2, 2020
AI
The industrial property located at 1100 Chase Road in Mesquite has been leased. The asset spans approximately 69,559 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Date: 09/03/2020
- Market: Mesquite
- Tenant: Rodeo Plastic Bag & Film
- Landlord: LIT HW1
- Tenant's Representative: Matt Dornak - Stream Realty Partners
- Landlord's Representative: Paladin-Partners Commercial Real Estate Services
Represented by Matt Dornak from Stream Realty Partners, Rodeo Plastic Bag & Film is the tenant who has leased the property. The landlord, LIT HW1, was represented by Paladin-Partners Commercial Real Estate Services.
Players
Mesquite 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