Updated Dec 3, 2024
Amazon Leases 250,000 SF Industrial Space In Frisco
15825 Gateway Dr, Frisco, TX 75035, USA
Building Size
250,000 SF
Asset Type
Industrial
Closing
Jun 1, 1920
About this deal
AI
Located at 15825 Gateway Drive in Frisco, this industrial property in the Collin market has been leased. The property spans an area of 250,000 square feet, offering ample space for various industrial operations.
Summary of transaction details
- Property Type: Industrial
- Tenant: Amazon – Jeff Bezos
- Landlord: Blue Star Land real estate – Jerry Jones & Joe Hickman
- Address: 15825 Gateway Drive
- City: Frisco
- Market: Collin
- Square Footage: 250,000 SF
Amazon, led by Jeff Bezos, has secured this industrial property for its operations. The landlord of this property is Blue Star Land real estate, owned by Jerry Jones and Joe Hickman.
On the Map
Industrial
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Players
Frisco 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