McWane Inc. Leases Industrial Space In Grand Prairie's Avenue S For 66,961 SF
LEASED
Texas
See Similar DealsIndustrial66,961 SF
Leased
LEASED
McWane Inc. Leases Industrial Space In Grand Prairie's Avenue S For 66,961 SF
1201 Avenue South, Grand Prairie, TX, USA
See Similar DealsIndustrial66,961 SF
Leased
Summary
TEXAS
Asset Type:Industrial
Total Square Footage:66,961 SF
Transaction Type:Lease
The industrial property located at 1201 Avenue S in Grand Prairie has been leased. The property spans 66,961 square feet and sits on 5.4 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: May 13, 2021
- Tenant: McWane Inc.
- Tenant's Representative: Art Leichner & Andrew Crites - Newmark
- Landlord's Representative: CBRE
The lease transaction was facilitated by Art Leichner and Andrew Crites from Newmark, representing McWane Inc. Meanwhile, CBRE served as the landlord's representative.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,838,164.11
Total Lease Value
$38,381,641.13
Net Landlord Cash Flow$3,838,164.11
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