Updated Oct 28, 2024
Hayes Company Leases 712,900 SF Industrial Property In Forney With Greg Nelson From Paladin Partners
1285 Akron Way, Forney, TX 75126
Building Size
712,900 SF
Asset Type
Industrial
Closing
Jul 17, 2022
About this deal
AI
The leased industrial property located at 1285 Akron Way in Forney has been transacted. The property has a total square footage of 712,900. The lease agreement was finalized on 07/18/2022.
Summary of transaction details
- Property Type: Industrial
- Market: Forney
- Address: 1285 Akron Way
- Square Footage: 712,900
- Tenant: Hayes Company
The leasing of this property was facilitated by Greg Nelson from Paladin Partners.
Traded’s record for 1285 Akron Way, Forney, TX 75126 in Forney, Texas covers a industrial lease from 2022. Published size for 1285 Akron Way, Forney, TX 75126 is 712,900 square feet. Greg Nelson, Paladin Partners Commercial Real Estate Services appear on the lease alongside Paladin Partners Commercial Real Estate Services. This page is the Forney, Texas file for the 1285 Akron Way, Forney, TX 75126 industrial leased: pricing, party profiles, and other closed industrial comps from the same Forney sit in the Market section below. Filter that Forney industrial set by closing date to see what else leased near 1285 Akron Way, Forney, TX 75126 around 2022. Cite this Hayes Company Leases 712,900 SF Industrial Property In Forney With Greg Nelson From Paladin Partners lease when underwriting similar industrial product around Forney, Texas.
Forney 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