Toyota Motor Sales USA Renews 121188 SF Industrial Lease At 1825 Midway Road In Lewisville
1825 Midway Road
Building Size
121,188 SF
Asset Type
Industrial
Closing
Sep 23, 2025
AI
The property involved in this transaction is an industrial asset located at 1825 Midway Road in Lewisville, TX. The facility spans 121,188 square feet and was built in 2018, presenting a modern industrial space suitable for various operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease
- Landlord: Ryan Hesch - ML Realty Partners
- Tenant: Toyota Motor Sales USA
- Broker: Melissa Holland - JLL
This transaction marks the renewal of Toyota Motor Sales USA's lease for the entire 121,188 square feet of industrial space. Melissa Holland from JLL represented Toyota in this lease renewal agreement, indicating a continued partnership with the landlord, ML Realty Partners.
Players
Lewisville 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