Earl Owen Leases 100,100 SF Industrial Property On West Trinity Mills Road In Carrolton
1135 W Trinity Mills Rd, Carrollton, TX 75006, USA
Building Size
100,100 SF
Asset Type
Industrial
Closing
Sep 9, 2020
AI
The industrial property located at 1135 West Trinity Mills Road in Carrolton has recently been leased. The lease transaction was facilitated by Corbin Blount and Adam Graham of Lee & Associates. The tenant, Earl Owen, will occupy a total of 100,100 square feet in this industrial space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1135 West Trinity Mills Road
- Market: Carrolton
- Tenant: Earl Owen
- Square Footage: 100,100
- Brokers: Corbin Blount & Adam Graham - Lee & Associates
This lease transaction represents a significant milestone for Earl Owen as they acquire the industrial property at 1135 West Trinity Mills Road in Carrolton. With a total area of 100,100 square feet, the new space will provide Earl Owen with ample room to support their operations and business needs.
Players
Carrollton Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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