Updated Oct 28, 2024
Morrison Express Corp. Leases Industrial Space In Grand Prairie
2750 113th Street, Grand Prairie, TX 75050, USA
Building Size
73,962 SF
Asset Type
Industrial
Closing
Aug 24, 2021
About this deal
AI
Located at 2750 113th St in Grand Prairie, this industrial property spans 73,962 square feet. The lease transaction took place on August 24, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not available
- Market: Grand Prairie
- Tenant: Morrison Express Corp.
- Landlord: Morris Truman Associates LLC
- Tenant's Rep: Blake Anderson - Newmark
- Landlord's Rep: CBRE
Blake Anderson from Newmark represented the tenant, Morrison Express Corp., in this lease deal. CBRE served as the landlord's representative, working on behalf of Morris Truman Associates LLC.
On the Map
Industrial
View full map
Players
Grand Prairie 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