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2007 108th Street

Divu Printing Solutions LLC Leases 8320 Square Feet At Woodlands Business Center In Grand Prairie
LEASEDIndustrial

Divu Printing Solutions LLC Leases 8320 Square Feet At Woodlands Business Center In Grand Prairie

2007 108th Street

Building Size

8,320 SF

Asset Type

Industrial

Closing

Nov 4, 2024

AI

The property asset involved in this transaction is an industrial space located at 2007 108th Street in Grand Prairie, Texas. It consists of 8,320 square feet and is part of the Woodlands Business Center Building 2. The property contributes to the overall market presence of industrial assets in the Grand Prairie area.

Summary of transaction details:

Divu Printing Solutions LLC has signed a long-term lease, resulting in an increase in occupancy within the Woodlands Business Center. This deal contributes to the landlord's efforts to fill the remaining vacancy, with an incentive for lease agreements offered by Stonelake Capital Partners, which includes two round-trip tickets anywhere in the U.S. for deals signed by the end of the year.

Players

Jason Finch

Rich Young Company

Broker

28 deals

Broker

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