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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1825 Mustang Court
- Market: Southlake, TX
- Landlord: Brookfield Properties
- Tenant: ATLIX
- Landlord's Representative: Keaton Brice, Andrew Gilbert & Maddy Coffman - Holt Lunsford Commercial
- Tenant's Representative: Shane Benner - Bradford Commercial Real Estate Services
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
Mustang Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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