Aircool AC Parts Supply Inc Leases 17213 Square Feet At 1705 Wallace Drive Carrollton
1705 Wallace Drive
Building Size
17,213 SF
Asset Type
Industrial
Closing
Dec 16, 2025
AI
The asset involved in this transaction is an industrial property located at 1705 Wallace Drive in Carrollton, TX. The total square footage of the property is 17,213, making it suitable for industrial use.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1705 Wallace Drive
- Market: Carrollton
- Landlord: Icon IPC TX Property Owner Pool 6 Dallas, LLC
- Tenant: Aircool AC Parts Supply, Inc
- Landlord's Representative: Mac Hall & Sarah Ozanne - Stream Realty Partners
- Tenant's Representative: Corbin Blount & Baron Johnson - Lee & Associates
- Lease Date: 12/16/2025
Lee & Associates Dallas-Fort Worth represented the tenant, Aircool AC Parts Supply, Inc., in securing the lease, while Stream Realty Partners was the representative for the landlord, Icon IPC TX Property Owner Pool 6 Dallas, LLC.
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