Quicksilver Express Courier Leases 6,732 SF Industrial Space In Grand Prairie
3325 West Trinity Boulevard
Building Size
6,732 SF
Asset Type
Industrial
Closing
Nov 15, 2023
AI
Quicksilver Express Courier Inc. has recently leased a 6,732 square feet industrial property located at 3325 West Trinity Boulevard in Grand Prairie. The property is part of the Great Southwest Distribution Center, offering a prime location for Quicksilver Express Courier Inc.'s operations. The lease was facilitated by Chris Kennedy of Bradford Commercial Real Estate Services, who represented the tenant, and Corby Hodgkiss of Mercer Co., who represented the landlord, Carrier SC Industrial LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not applicable
- Address: 3325 West Trinity Boulevard, Grand Prairie
- Market: Grand Prairie
- Square Footage: 6,732
This lease agreement allows Quicksilver Express Courier Inc. to establish its operations in the Great Southwest Distribution Center in Grand Prairie. The involvement of Chris Kennedy from Bradford Commercial Real Estate Services as the tenant's representative and Corby Hodgkiss from Mercer Co. as the landlord's representative showcases the collaboration between the two parties in successfully negotiating the terms of the lease.
Players
Grand Prairie 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