Updated Oct 29, 2024
Lowe's Companies, Inc Leases 120,000 SF Industrial Space In Kyle
1980 Kohlers Crossing, Kyle, TX 78640, USA
Building Size
120,000 SF
Asset Type
Industrial
Closing
Sep 30, 2020
About this deal
AI
The industrial property located at 1980 Kohlers Crossing in Kyle has recently been leased. The lease transaction took place on September 30, 2020. The property, owned by Majestic Realty, offers a total space of 120,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Lowe’s Companies, Inc
- Landlord: Majestic Realty
- Address: 1980 Kohlers Crossing
- Market: Kyle
- Square Feet: 120,000
Lowe’s Companies, Inc has secured the lease for this industrial property, with Majestic Realty acting as the landlord. The deal was successfully negotiated, allowing Lowe’s Companies, Inc to make use of the 120,000 square feet of space at 1980 Kohlers Crossing in Kyle.
Players
Kyle Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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