Updated Oct 28, 2024
Video General Leases Industrial Property In Grand Prairie
1517 West Carrier Parkway, Grand Prairie, Texas 75050, United States
Building Size
8,240 SF
Asset Type
Industrial
Closing
Mar 13, 2022
About this deal
AI
An industrial property in Grand Prairie has been leased by Video General. The property, located at 1517 W. North Carrier Parkway, spans 8,240 square feet. The lease transaction was completed on March 14, 2022. The landlord, KFG Carrier LLC, represented by Maddy Canty and Canon Shoults from Holt Lunsford Commercial, leased the property to Video General. Jim Ferris from Bradford Commercial Real Estate Services represented Video General in the deal.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not Applicable (Lease)
- Address: 1517 W. North Carrier Parkway, Grand Prairie
- Market: Grand Prairie
- Square Footage: 8,240
Maddy Canty and Canon Shoults from Holt Lunsford Commercial served as the landlord's representatives in the transaction, while Jim Ferris from Bradford Commercial Real Estate Services represented the tenant, Video General.
On the Map
Industrial
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Grand Prairie 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