Omni Logistics Leases Industrial Space In Euless With Landlord Urban Logistics Realty
1200 South Pipeline Road, Euless, Texas 76040, United States
Building Size
366,777 SF
Asset Type
Industrial
Closing
Aug 28, 2022
AI
Urban Logistics Realty has leased three properties located at 1200 South Pipeline Road, 1050 South Industrial Blvd, and 1000 South Industrial Road in Euless. The total square footage of the industrial properties is 366,711. The lease transaction was completed on August 29, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: August 29, 2022
- Address:
- 1200 South Pipeline Road
- 1050 South Industrial Blvd
- 1000 South Industrial Road
- Market: Euless
- Landlord: Urban Logistics Realty
- Tenant: Omni Logistics
- Total Square Footage: 366,711
Omni Logistics, represented by their broker representative, leased the industrial properties from Urban Logistics Realty. The deal was facilitated by JJ Schickel from an undisclosed agency.
Players
Euless 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