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221 Southwestern Boulevard

Pilot Air Freight Leases 95071 Square Feet Industrial Space At 221 Southwestern Boulevard In Coppell
LEASEDIndustrial

Pilot Air Freight Leases 95071 Square Feet Industrial Space At 221 Southwestern Boulevard In Coppell

221 Southwestern Boulevard

Building Size

95,071 SF

Asset Type

Industrial

Closing

Mar 19, 2025

AI

The property involved in this transaction is a 95,071-square-foot industrial facility located at 221 Southwestern Boulevard in Coppell. The asset is newly built, with construction completed in 2024.

Summary of transaction details:

The transaction involved Pilot Air Freight signing a lease for the entire facility. JLL was responsible for representing the tenant in the negotiation, while Stream Realty Partners acted on behalf of the landlord, ML Realty Partners.

Players

Jeremy Kelly

Stream Realty Partners⁠

Broker

13 deals

Broker
Ryan Hesch

Ryan Hesch

ML Realty Partners

Landlord

9 deals

Landlord

Coppell 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