Updated Oct 29, 2024
Gilbert Exposition Management Services Leases Industrial Space In Dallas
12684 International Pkwy, Dallas, TX 75228, USA
Building Size
17,439 SF
Asset Type
Industrial
Closing
Jun 17, 2020
About this deal
AI
The industrial property located at 12684 International Parkway in Dallas has been leased. The transaction took place on June 18, 2020. The property spans a total of 17,439 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Gilbert Exposition Management Services – Ken Gilbert
- Landlord: Knopf Family Two
- Brokers: Jeremy Mercer & Turner Petersen – Mercer Company
- Address: 12684 International Parkway, Dallas
Ken Gilbert, representing Gilbert Exposition Management Services, leased the industrial property from landlord Knopf Family Two. The deal was facilitated by brokers Jeremy Mercer and Turner Petersen of Mercer Company.
On the Map
Industrial
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Players
Dallas 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