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15691 Farm-To-Market Road 423

Dalfen Industrial Leases 32,375 Square Feet In Frisco Trade Center, Frisco, TX
LEASEDIndustrial

Dalfen Industrial Leases 32,375 Square Feet In Frisco Trade Center, Frisco, TX

15691 Farm-To-Market Road 423

Building Size

32,375 SF

Asset Type

Industrial

Closing

Jun 29, 2026

AI

The property involved in the transaction is an industrial space located at 15691 Farm-to-Market Road 423, Frisco, TX. The asset encompasses a total square footage of 32,375 and is situated in the Frisco Trade Center. This market is known for its industrial offerings, catering to various business needs.

Summary of transaction details:

Lee & Associates Dallas-Fort Worth successfully facilitated the lease, with Brett Lewis, Taylor Stell, and George Tanghongs representing the landlord, Dalfen Industrial, throughout the transaction. Their expertise in the market contributed to the effective negotiation and finalization of the lease agreement.

Players

Brett Lewis

Lee & Associates

Broker

13 deals

Broker

Sean Dalfen

Dalfen Industrial

Landlord

$1.6B

vol

18 deals

Landlord

Mabank 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