Hart & Cooley Leases Industrial Space At 200 Northpoint Drive In Coppell
200 Northpoint Dr, Coppell, TX 75019, USA
Building Size
1,522,740 SF
Asset Type
Industrial
Closing
Jun 1, 1920
AI
The industrial property located at 200 Northpoint Drive in Coppell, Dallas has been leased. The transaction took place on June 2, 2020. The property spans an area of 152,274 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: Hart & Cooley – Bernard Roy
- Landlord: Clarion Partners – David Gilbert
- Broker: CBRE – Brian Gilchrist & Tim Vogds, Stream Realty Partners – [...]
- Address: 200 Northpoint Drive, Dallas
- Market: Coppell
The deal involved Hart & Cooley, represented by Bernard Roy, as the tenant. The property was leased from Clarion Partners, with David Gilbert acting as the landlord. The transaction was facilitated by CBRE, with Brian Gilchrist and Tim Vogds, as well as Stream Realty Partners. The deal was successfully completed with a total area of 152,274 square feet at 200 Northpoint Drive in Coppell, Dallas.
Players
Coppell 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