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2201 Chemsearch Boulevard, ...

Updated Oct 28, 2024

Bilt advertisement
Total Office Solutions Signs 10-Year Lease For Industrial Space In Irving
LEASEDIndustrial

Total Office Solutions Signs 10-Year Lease For Industrial Space In Irving

2201 Chemsearch Boulevard, Irving, TX, USA

Building Size

329,358 SF

Asset Type

Industrial

Closing

Sep 6, 2021

About this deal

AI

The industrial property located at 2201 Chemsearch Blvd in Irving has been leased. The property spans over 329,358 square feet and is situated on 18.5 acres.

Summary of transaction details

  • Property Type: Industrial
  • Market: Irving
  • Square Footage: 329,358
  • Acres: 18.5

The tenant for this lease is Total Office Solutions, represented by Bobby Sterling. The lease terms span a period of 10 years.

Traded’s record for 2201 Chemsearch Boulevard, Irving, TX, USA in Irving, Texas covers a industrial lease from 2021. Published size for 2201 Chemsearch Boulevard, Irving, TX, USA is 329,358 square feet. This page is the Irving, Texas file for the 2201 Chemsearch Boulevard, Irving, TX, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Irving sit in the Market section below. Filter that Irving industrial set by closing date to see what else leased near 2201 Chemsearch Boulevard, Irving, TX, USA around 2021. Cite this Total Office Solutions Signs 10-Year Lease For Industrial Space In Irving lease when underwriting similar industrial product around Irving, Texas.

Players

TS
Total Office SolutionsTenant

Irving 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

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