Updated Oct 28, 2024
CarParts.com Inc. Leases 156,000 SF Industrial Space In Grand Prairie
1301 Avenue T, Grand Prairie, TX 75050
Building Size
156,000 SF
Asset Type
Industrial
Closing
Jun 17, 2020
About this deal
AI
A 156,000 square foot industrial property located at 1301 Avenue T in Grand Prairie has been leased. The lease was finalized on June 17, 2021. The tenant of the property is CarParts.com Inc. represented by David Meniane.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: June 17, 2021
- Address: 1301 Avenue T, Grand Prairie
- Tenant: CarParts.com Inc.
- Tenant's Representative: David Meniane
- Lease Term: 90 months
This lease transaction involves the leasing of an industrial property with an area of 156,000 square feet. CarParts.com Inc., represented by David Meniane, will occupy the property for a term of 90 months.
Players
Grand Prairie Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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