K&M Tire Leases Industrial Property In Arlington, Texas With Brokers Matt Dornak, Ryan Boozer, Luke Davis, And Lena Pierce
2101 Design Road, Arlington, TX 76014
Building Size
201,600 SF
Asset Type
Industrial
Closing
Aug 20, 2020
AI
An industrial property located at 2101 Design Rd in Arlington has recently been leased. The property spans approximately 201,600 square feet and is situated in the Arlington market.
Summary of transaction details
- Property Type: Industrial
- Tenant: K&M Tire
- Brokers: Matt Dornak, Ryan Boozer, Luke Davis, & Lena Pierce - Stream Realty Partners
- Date: 08/20/2021
- Address: 2101 Design Rd, Arlington
The lease transaction was facilitated by Matt Dornak, Ryan Boozer, Luke Davis, and Lena Pierce from Stream Realty Partners. They represented the tenant, K&M Tire, in the deal.
Players
Arlington 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