Updated Oct 28, 2024
Alpha Furniture Leases 160,120 SF Industrial Property In Arlington
1701 Timberlake Drive, Arlington, TX, USA
Building Size
160,120 SF
Asset Type
Industrial
Closing
Jul 25, 2021
About this deal
AI
Alpha Furniture has signed a lease for an industrial property located at 1701 Timberlake Dr in Arlington. The property, measuring 160,120 square feet, was leased through Lee & Associates, who represented the landlord. Stream Realty Partners acted as the tenant's representative in the transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 07/26/2021
- Address: 1701 Timberlake Dr
- Market: Arlington
- Tenant: Alpha Furniture
- Landlord's Rep: Lee & Associates
- Tenant's Rep: Stream Realty Partners
Traded’s record for 1701 Timberlake Drive, Arlington, TX, USA in Arlington, Texas covers a industrial lease from 2021. Published size for 1701 Timberlake Drive, Arlington, TX, USA is 160,120 square feet. This page is the Arlington, Texas file for the 1701 Timberlake Drive, Arlington, TX, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Arlington sit in the Market section below. Filter that Arlington industrial set by closing date to see what else leased near 1701 Timberlake Drive, Arlington, TX, USA around 2021. Cite this Alpha Furniture Leases 160,120 SF Industrial Property In Arlington lease when underwriting similar industrial product around Arlington, Texas.
Players
Arlington Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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