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1132 Valwood Parkway, Carro...

Midwest Hose & Specialty Inc. Leases 52,800 SF Industrial Space In Carrollton
LEASEDIndustrial

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.

Players

Clayton Johnson

Broker

2 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

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