LEASEDIndustrial
CMD Group Leases 22,000 SF Industrial Space In Carrollton, Represented By Ken Wesson & Adam Graybill - Lee & Associates
1536 Hutton Drive, Carrollton, Texas 75006, United States
Building Size
22,000 SF
Asset Type
Industrial
Closing
Dec 27, 2022
AI
A lease transaction was recently completed in Carrollton. The property involved is an industrial asset with a total area of 22,000 square feet located at 1536 Hutton Drive.
Summary of transaction details
- Property Type: Industrial
- Tenant: CMD Group
- Brokers: Ken Wesson & Adam Graybill - Lee & Associates
The tenant, CMD Group, successfully secured the lease with the assistance of brokers Ken Wesson and Adam Graybill 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