Auzmet Architectural Leases 22,125 SF Industrial Space In Dallas
1444 N Cockrell Hill Rd, Dallas, TX 75211, USA
Building Size
221,250 SF
Asset Type
Industrial
Closing
Jun 17, 2020
AI
An industrial property located at 1444 N. Cockrell Hill Road in Dallas has been leased in a transaction. The property spans 22,125 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Auzmet Architectural – Shane Tucker
- Landlord: CAM Pinnacle Industries – Sudhir Mehta
- Tenant's Representative: Brock Wilson & Joe Santaularia – Bradford Commercial Real Estate
- Landlord's Representative: Gil Stroube
- Address: 1444 N. Cockrell Hill Road
- Market: Dallas
- Square Footage: 22,125
The leasing deal for the property at 1444 N. Cockrell Hill Road was brokered by Brock Wilson and Joe Santaularia from Bradford Commercial Real Estate, who represented the tenant, Auzmet Architectural, and Gil Stroube, who represented the landlord, CAM Pinnacle Industries.
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