Updated Oct 29, 2024
Building Size
3,650 SF
Asset Type
Industrial
Closing
Sep 7, 2022
About this deal
AI
The industrial property located at 2474 Manana Dr. in Dallas has recently been leased. The property spans a total of 3,650 square feet, making it ideal for industrial purposes. The transaction took place on 09/07/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2474 Manana Dr., Dallas
- Market: Dallas
- Tenants: Spilled Ink LLC & Rani Smoke LLC
- Landlord: Fort Capital
- Brokers: Kyle Espie & Jason Finch (Bradford Commercial Real Estate Services), Christopher Kelly (Rich Young Co.)
The landlord for this lease agreement is Fort Capital, while the tenants are Spilled Ink LLC and Rani Smoke LLC. The deal was facilitated by brokers Kyle Espie and Jason Finch from Bradford Commercial Real Estate Services, along with Christopher Kelly from Rich Young Co.
Players
Dallas 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