Updated Dec 4, 2024
RAM Surgical Supplies Leases 11,799 SF At Falcon Centre In Desoto
1707 Falcon Drive
Building Size
—
Asset Type
Industrial
Closing
Dec 22, 2023
About this deal
AI
RAM Surgical Supplies has leased 11,799 square feet at Falcon Centre in DeSoto, southern Dallas. The industrial property, located at 1707 Falcon Drive, is owned by OMO Bros Enterprises. The lease transaction took place on December 22, 2023.
Summary of transation details
- Property Type: Industrial
- Transaction Date: 12/22/2023
- Address: 1707 Falcon Drive, Desoto
- Market: Desoto
The landlord, OMO Bros Enterprises, was represented by Brian Pafford and Michael Spain from Bradford Commercial Real Estate Services. Sarah Mitchell from Mote & Associates acted as the tenant representative for RAM Surgical Supplies. The tenant is set to move in on January 1, 2024.
On the Map
Industrial
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Players
Desoto 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