Western Industries Corp Leases Industrial Space At 1200 W. Crosby Road, Carrollton
1200 West Crosby Road, Carrollton, TX 75006, USA
Building Size
97,446 SF
Asset Type
Industrial
Closing
Oct 18, 2021
AI
The industrial property located at 1200 W. Crosby Road in Carrollton has recently been leased. The property spans approximately 97,446 square feet, making it a significant asset in the area.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 10/18/2021
- Address: 1200 W. Crosby Road, Carrollton
- Square Footage: 97,446
The landlord, Holt Lunsford Commercial Investments, successfully leased the property to Western Industries Corp. Holt Lunsford Commercial, represented by Andrew Gilbert and Keaton Brice, acted as the landlord's representatives in the deal. On the other hand, Mark Miller from NAI Robert Lynn served as the tenant's representative. The collaborative effort of these individuals facilitated the leasing transaction.
Players
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