Updated Dec 4, 2024
Strukmyer Leases 91,200 SF Industrial Space In Mesquite, TX
1851 Big Town Blvd, Mesquite, TX, USA
Building Size
91,200 SF
Asset Type
Industrial
Closing
Mar 17, 2021
About this deal
AI
The industrial property located at 1851 Big Town Blvd in Mesquite has been leased. The property spans 91,200 square feet and sits on 8.4 acres. The lease transaction was closed on March 18, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 03/18/2021
- Address: 1851 Big Town Blvd
- Market: Mesquite
- Size: 91,200 square feet
- Acres: 8.4
The tenant in this lease is Strukmyer, while the landlord is Link Logistics. Avison Young represented the tenant, with Sam Devorris, Mike McElwee, and Pride Snow serving as their representatives. On the other hand, Stream Realty Partners represented the landlord through Ryan Wolcott and Adam Jones.
On the Map
Industrial
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Players
Mesquite 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