Updated Oct 28, 2024
Lily Of The Desert Leases 85,000 SF Industrial Space In Carrollton
1700 Columbian Club Drive, Carrollton, Texas 75006, United States
Building Size
85,000 SF
Asset Type
Industrial
Closing
Apr 14, 2022
About this deal
AI
The industrial property located at 1700 Columbian Club Drive in Carrollton has been leased. The property spans an area of 85,000 square feet, making it suitable for industrial use.
Summary of transaction details
- Property Type: Industrial
- Tenant: Lily of the Desert
- Landlord's Representative: Ken Wesson - Lee & Associates
- Tenant's Representative: Wilson Brown - CBRE
- Date: 04/15/2022
- Market: Carrollton
The tenant in this lease agreement is Lily of the Desert. The landlord's representative for this transaction is Ken Wesson from Lee & Associates, while the tenant's representative is Wilson Brown from CBRE.
On the Map
Industrial
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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