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1851 Big Town Blvd, Mesquit...

Strukmyer Leases 91,200 SF Industrial Space In Mesquite, TX
LEASEDIndustrial

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

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.

Players

Adam Jones

Stream Realty Partners⁠

Broker

$33.6K

vol

9 deals

Broker
Link Logistics Real Estate
Link Logistics Real EstateLandlord

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