Updated Oct 28, 2024
ABC Supply Leases 44.2K SF Industrial Space In Waco With Tenant's Rep Dan Spika & Landlord's Rep Josh Carter
1212 La Salle Avenue, Waco, TX, USA
Building Size
44,200 SF
Asset Type
Industrial
Closing
May 7, 2021
About this deal
AI
An industrial property located at 1212 La Salle Avenue in Waco has been leased. The property spans 44,200 square feet and sits on 4.1 acres of land.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 05/08/2021
- Market: Waco
- Tenant: ABC Supply
- Landlord: Mission Linen Supply
- Tenant's Representative: Dan Spika - Henry S. Miller Brokerage
- Landlord's Representative: Josh Carter - Coldwell Banker Commercial
The tenant, ABC Supply, has leased the property from Mission Linen Supply. Representing the tenant in the deal is Dan Spika from Henry S. Miller Brokerage, while Josh Carter from Coldwell Banker Commercial serves as the landlord's representative.
On the Map
Industrial
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Players
Waco 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