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1401 Dunn Drive

UniUni Leases 36,000 SF Industrial Space In Carrollton At 1401-1407 Dunn Drive With Landlord High Street Realty
LEASEDIndustrial

UniUni Leases 36,000 SF Industrial Space In Carrollton At 1401-1407 Dunn Drive With Landlord High Street Realty

1401 Dunn Drive & 1407 Dunn Drive

Building Size

72,000 SF

Asset Type

Industrial

Closing

Nov 17, 2023

AI

A third-party logistics firm, UniUni, has leased a 36,000-square-foot industrial space in Carrollton, northern Dallas. The property, located at 1401-1407 Dunn Drive, is part of a larger industrial facility that was built in 1980 and has a total size of 100,800 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 1401-1407 Dunn Drive, Carrollton, Dallas
  • Market: Carrollton
  • Square Footage: 36,000

The lease was negotiated with landlord representation by Robert Chagares from High Street Realty. The tenant, UniUni, was represented by undisclosed tenant representatives. The deal was facilitated by Adam Graham and Stephen Williamson, who are brokers from Lee & Associates.

Players

Adam Graham

Lee & Associates

Broker

24 deals

Broker
High Street Logistics
High Street LogisticsLandlord

Carrollton 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