Updated Oct 29, 2024
Bioworld Merchandising Leases Industrial Space In Irving Industrial Park
2650 Rental Car Drive, Irving, TX, USA
Building Size
123,844 SF
Asset Type
Industrial
Closing
Jan 5, 2021
About this deal
AI
An industrial property located at 2650 Rental Car Drive in Irving has been leased. The property spans 123,844 square feet and sits on 46 acres of land. The tenant for this lease is Bioworld Merchandising, while the landlord is Trammell Crow.
Summary of transaction details
- Property Type: Industrial
- Tenant: Bioworld Merchandising
- Landlord: Trammell Crow
- Tenant's Rep: John Fulton, Clayton Johnson, Nora Hogan, & Jordan Wade - Transwestern
- Landlord's Rep: Steve Trese & Steve Koldyke - CBRE
The lease transaction was facilitated by John Fulton, Clayton Johnson, Nora Hogan, and Jordan Wade from Transwestern, who represented the tenant. On the other side, Steve Trese and Steve Koldyke from CBRE served as the landlord's representatives.
On the Map
Industrial
View full map
Players
Irving Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas industrial leases on Traded.
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