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3325 West Trinity Boulevard

Quicksilver Express Courier Leases 6,732 SF Industrial Space In Grand Prairie
LEASEDIndustrial

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

Chris Kennedy

Bradford Commercial Real Estate Services

Broker

$610M

vol

3 deals

Broker

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