Lee & Associates Secures 37,373 Sf Industrial Lease In Carrollton, TX
2545 Golden Bear Dr Carrollton, Tx 75006, Usa
Building Size
37,373 SF
Asset Type
Industrial
Closing
May 17, 2023
AI
The industrial property located at 2545 Golden Bear Drive in Carrollton, a suburb of northern Dallas, has been leased in a transaction secured by Lee & Associates. The property, built in 2005, offers a total of 49,591 square feet, with the lease covering 37,373 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2545 Golden Bear Drive
- Market: Carrollton
Representing the landlord, SL6 Logistics LP, Johnny Anderson and Mark Graybill of Lee & Associates negotiated the lease agreement. The tenant, SouthernCarlson, had their representative undisclosed in the transaction.
Players
Texas 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