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2005 108th Street

LFD Forwarding Leases 12070 SF At 2005 108th Street In Grand Prairie With Jason Finch As Landlord's Rep
LEASEDIndustrial

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

Jason Finch

Rich Young Company

Broker

28 deals

Broker
Bradford Commercial Real Estate Services
Bradford Commercial Real Estate ServicesBrokerage
Kenneth E. Aboussie, Jr.

Kenneth E. Aboussie, Jr.

Stonelake Capital Partners

Landlord

$63.1M

vol

10 deals

Landlord
Stonelake Capital Partners
Stonelake Capital PartnersLandlord

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