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1444 N Cockrell Hill Rd, Da...

Auzmet Architectural Leases 22,125 SF Industrial Space In Dallas
LEASEDIndustrial

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.

Players

Tucker Shane

33 Equities

Tenant

$36.9M

vol

4 deals

Tenant

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