LFD Forwarding Leases 12070 SF At 2005 108th Street In Grand Prairie With Jason Finch As Landlord's Rep
2005 108th Street
Building Size
12,070 SF
Asset Type
Industrial
Closing
Jun 23, 2025
AI
The property at 2005 108th Street, Grand Prairie, is an industrial asset encompassing a total area of 12,070 square feet. The property is part of the Woodlands Business Center, which has reached full occupancy following this lease agreement.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2005 108th Street
- Market: Grand Prairie
- Landlord: Kenneth E. Aboussie, Jr. - Stonelake Capital Partners
- Tenant: LFD Forwarding
- Landlord's Representative: Jason Finch & Michael W. Spain - Bradford Commercial Real Estate Services
- Tenant's Representative: Collin Hu - eXp Commercial
LFD Forwarding has leased the space from Kenneth E. Aboussie, Jr., represented by Jason Finch and Michael W. Spain. The tenant, based in California, is represented by Collin Hu in this transaction.
Players
Grand Prairie 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