CKS Packaging Leases Industrial Space At 2820-2828 Merrell Road In Dallas With Tenant's Rep Ryan Boozer & Lena Pierce
2820 Merrell Rd, Dallas, TX 75229, USA
Building Size
15,413 SF
Asset Type
Industrial
Closing
Sep 9, 2020
AI
CKS Packaging has signed a lease for 15,413 square feet of industrial space located at 2820-2828 Merrell Road in Dallas. The property is owned by B-Merrell, L.P. The lease transaction was facilitated by Ryan Boozer and Lena Pierce of Stream Realty Partners, representing the tenant, and George Billingsley of Billingsley Co, representing the landlord.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 2820-2828 Merrell Road
- Market: Dallas
This lease transaction involves CKS Packaging leasing 15,413 square feet of industrial space at 2820-2828 Merrell Road in Dallas. The tenant was represented by Ryan Boozer and Lena Pierce from Stream Realty Partners, while George Billingsley from Billingsley Co represented the landlord, B-Merrell, L.P.
Players
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