Updated Oct 28, 2024
Embroidery Graphix Leases Industrial Space At 1489 Prudential Drive In Dallas
1489 Prudential Drive, Dallas, Texas 75235, United States
Building Size
12,649 SF
Asset Type
Industrial
Closing
May 31, 2022
About this deal
AI
The industrial property located at 1489 Prudential Drive in Dallas has been leased. The total square footage of the property is 12,649. Embroidery Graphix is the tenant for this lease transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 1489 Prudential Drive
- Market: Dallas
- Tenant: Embroidery Graphix
- Landlord's Representative: Jason Moser - Stream Realty Partners
- Tenant's Representative: Sean Smith, Brendan Zrowka & Lauren Pesqueda - Whitebox Real Estate
The deal was facilitated by Sean Smith, Brendan Zrowka, and Lauren Pesqueda from Whitebox Real Estate, who acted as the tenant's representatives in this lease agreement. On the other side, Jason Moser of Stream Realty Partners served as the landlord's representative.
On the Map
Industrial
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Players
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