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2474 Manana Drive

Spilled Ink LLC & Rani Smoke LLC Lease Industrial Space In Dallas
LEASEDIndustrial

Spilled Ink LLC & Rani Smoke LLC Lease Industrial Space In Dallas

2474 Manana Drive

Building Size

3,650 SF

Asset Type

Industrial

Closing

Sep 7, 2022

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

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

Jason Finch

Rich Young Company

Broker

28 deals

Broker
FC
Fort CapitalLandlord

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