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
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