Lee & Associates Brokers 22.2K SF Industrial Lease In Arlington
1208 Commercial Boulevard North
Building Size
22,200 SF
Asset Type
Industrial
Closing
Oct 25, 2023
AI
The Lee & Associates brokered a 22,200-square-foot industrial lease in Arlington located at 1208 Commercial Boulevard North. The property features 20-foot clear heights, two dock-high doors, and three drive-in doors.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Market: Arlington
- Square Footage: 22,200
- Address: 1208 Commercial Boulevard North
The landlord, CPL Investments, leased the property to B.R. International USA. Stephen Williamson from Lee & Associates represented the landlord, while Eddie Yoo from Landmark Realty Group represented the tenant.
Players
Arlington 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