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2101 Design Road, Arlington...

K&M Tire Leases Industrial Property In Arlington, Texas With Brokers Matt Dornak, Ryan Boozer, Luke Davis, And Lena Pierce
LEASEDIndustrial

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

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

Lena Pierce

Stream Realty Partners⁠

Broker

8 deals

Broker

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