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2600 Rental Car Dr, Irving,...

Updated Oct 29, 2024

Trammell Crow Company And CBRE Global Investors Lease 1.1M SF Industrial Space To Uline At 2600 Rental Car Drive, Irving
LEASEDIndustrial

Trammell Crow Company And CBRE Global Investors Lease 1.1M SF Industrial Space To Uline At 2600 Rental Car Drive, Irving

2600 Rental Car Dr, Irving, TX 75062, USA

Building Size

1,146,315 SF

Asset Type

Industrial

Closing

Aug 10, 2020

About this deal

AI

The industrial property located at 2600 Rental Car Drive in Irving was recently leased. The property covers an area of 1,146,315 square feet. Uline, a tenant, secured the lease from the landlord, Trammell Crow Company represented by Jake Marks, and CBRE Global Investors represented by Jerome Nichols.

Summary of transaction details:

  • Property Type: Industrial
  • Tenant: Uline
  • Landlord: Trammell Crow Company (represented by Jake Marks) and CBRE Global Investors (represented by Jerome Nichols)
  • Address: 2600 Rental Car Drive, Irving
  • Market: Irving
  • Square Footage: 1,146,315

Uline secured the lease for the industrial property located at 2600 Rental Car Drive in Irving. The deal was facilitated by Trammell Crow Company, with Jake Marks representing the landlord, and CBRE Global Investors, with Jerome Nichols acting as their representative.

Players

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

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