Midwest Hose & Specialty Inc. Leases 52,800 SF Industrial Space In Carrollton
1132 Valwood Parkway, Carrollton, TX, USA
Building Size
52,800 SF
Asset Type
Industrial
Closing
Apr 28, 2021
AI
The industrial property located at 1132 Valwood Parkway in Carrollton has been leased. The property spans 52,800 square feet and is owned by Prologis, with Mitch Pruitt representing the landlord. Transwestern brokers Brett Owens and Clayton Johnson facilitated the lease on behalf of the tenant, Midwest Hose & Specialty Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 04/29/2021
- Address: 1132 Valwood Parkway
- Market: Carrollton
- Square Footage: 52,800
- Tenant: Midwest Hose & Specialty Inc.
- Landlord: Prologis - Mitch Pruitt
- Brokers: Brett Owens & Clayton Johnson - Transwestern
Brett Owens and Clayton Johnson of Transwestern played a pivotal role in facilitating the lease agreement between Midwest Hose & Specialty Inc. and Prologis represented by Mitch Pruitt. This successful transaction highlights the efforts put forth by these key individuals in the Industrial market of Carrollton.
Carrollton 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