Updated Oct 28, 2024
Diab Americas LP Leases 265,248 SF Industrial Space In DeSoto
220 East Danieldale Road, DeSoto, TX, USA
Building Size
265,248 SF
Asset Type
Industrial
Closing
Oct 12, 2021
About this deal
AI
Diab Americas LP has signed a lease agreement for an industrial property located at 220 East Danieldale Road, DeSoto. The property spans a total area of 265,248 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 10/12/2021
- Address: 220 East Danieldale Road, DeSoto
- Market: DeSoto
- Landlord: 220 E. Danieldale Partners
- Tenant: Diab Americas LP
- Brokers: Kevin Santaularia, Michael Spain, & Michael Grant - Bradford Commercial Real Estate Partners
The lease agreement was facilitated by brokers Kevin Santaularia, Michael Spain, and Michael Grant from Bradford Commercial Real Estate Partners.
On the Map
Industrial
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Players
Duncanville Industrial Market Snapshot
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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