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2301 Century Circle, Irving...

Horton Fruit Company Leases Industrial Space In West Brookhollow, Irving
LEASEDIndustrial

Horton Fruit Company Leases Industrial Space In West Brookhollow, Irving

2301 Century Circle, Irving, Texas 75062, United States

Building Size

56,890 SF

Asset Type

Industrial

Closing

Jun 14, 2022

AI

The industrial property located at 2301 Century Cir in West Brookhollow, Irving has been leased in a closed transaction. The property spans a total area of 56,890 square feet, making it suitable for manufacturing, warehousing, distribution, and research and development purposes. The transaction took place on June 15, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 06/15/2022
  • Address: 2301 Century Cir, West Brookhollow, Irving
  • Market: West Brookhollow, Irving
  • Square Footage: 56,890 SF

Horton Fruit Company has become the new tenant of the industrial property. The lease was secured through the efforts of Keaton Duhon and David Guinn, brokers from Davidson Bogel. The Industrial Division of Davidson Bogel, known as DB2RE Industrial, provides comprehensive real estate expertise and utilizes in-depth knowledge of the industrial market to develop innovative and profitable solutions for businesses. With a focus on customized solutions for clients in manufacturing, warehousing, distribution, and research and development, DB2RE Industrial is well-equipped to meet diverse demands in the industrial sector.

Players

Keaton Duhon

Davidson Bogel Real Estate

Broker

10 deals

Broker
CanTex Capital
CanTex CapitalLandlord

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