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2440 East Randol Mill Road,...

Henry Schein Inc Leases Industrial Space In Arlington's Randol Mill Rd With Tenant's Rep Michael W. Spain
LEASEDIndustrial

Henry Schein Inc Leases Industrial Space In Arlington's Randol Mill Rd With Tenant's Rep Michael W. Spain

2440 East Randol Mill Road, Arlington, Texas 76011, United States

Building Size

12,488 SF

Asset Type

Industrial

Closing

Dec 12, 2022

AI

An industrial property located at 2440 E. Randol Mill Rd in Arlington has been leased. The property encompasses 12,488 square feet of space. The lease was finalized on 12/12/2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 12/12/2022
  • Address: 2440 E. Randol Mill Rd, Arlington
  • Size: 12,488 square feet
  • Market: Arlington

The landlord for this property is PHP RMSC Venture LP, and the tenant is Henry Schein Inc. The landlord was represented by Patrick Reis of Property Advisers Realty, while the tenant was represented by Michael W. Spain of Bradford Commercial Real Estate Services.

Players

Michael W. Spain

Bradford Commercial Real Estate Services

Broker

10 deals

Broker
PL
PHP RMSC Venture LPLandlord

Henry Schein

Henry Schein Inc

Tenant

2 deals

Tenant

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