Updated Oct 29, 2024
Built By Grid LLC Leases 48,862 SF Industrial Space At 11410 Pagemill Road In Dallas
11410 Pagemill Rd, Dallas, TX 75243, USA
Building Size
488,620 SF
Asset Type
Industrial
Closing
Aug 20, 2020
About this deal
AI
The industrial property located at 11410 Pagemill Road in Dallas has been leased. The transaction took place on August 21, 2020. The property spans a total area of 48,862 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Built by Grid LLC
- Landlord: Red Tail Acquisitions
- Tenant's Representative: Forshey Hoobler - JLL
- Landlord's Representatives: Josh Barnes & Ben Wallace - Holt Lunsford Commercial
- Market: Dallas
The tenant in this lease transaction is Built by Grid LLC, while the landlord is Red Tail Acquisitions. Representing the tenant's interests is Forshey Hoobler from JLL, while Josh Barnes and Ben Wallace from Holt Lunsford Commercial serve as the landlord's representatives. These key individuals and companies played a crucial role in finalizing the deal.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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