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1825 Mustang Drive

ATLIX Leases 17,180 Square Feet Industrial Space At 1825 Mustang Court Southlake TX
LEASEDIndustrial

ATLIX Leases 17,180 Square Feet Industrial Space At 1825 Mustang Court Southlake TX

1825 Mustang Drive

Building Size

17,180 SF

Asset Type

Industrial

Closing

Jul 9, 2026

AI

The property asset involved in this lease transaction is located at 1825 Mustang Court in Southlake, Texas. The industrial property spans 17,180 square feet and includes 4,300 square feet of office area, catering to the needs of the tenant. The location is part of the Southlake market.

Summary of transaction details:

The deal was facilitated by representatives from both sides, with Holt Lunsford Commercial representing the landlord Brookfield Properties and Bradford Commercial Real Estate Services representing the tenant ATLIX. Each party engaged their respective brokers to successfully execute the lease transaction.

Players

Andrew Gilbert

Holt Lunsford Commercial

Broker

15 deals

Broker
Brookfield Properties
Brookfield PropertiesLandlord

Mustang 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