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2940 Eisenhower St, Carroll...

Duke Realty Leases 80440 Square Feet At 2940 Eisenhower St In Carrollton With Chris Mathis And Matt Hyman
LEASEDIndustrial

Duke Realty Leases 80440 Square Feet At 2940 Eisenhower St In Carrollton With Chris Mathis And Matt Hyman

2940 Eisenhower St, Carrollton, TX, 7...

Building Size

80,440 SF

Asset Type

Industrial

Closing

Jul 16, 2020

AI

The property asset involved in this transaction is located at 2940 Eisenhower St, Carrollton, TX, encompassing a total of 80,440 square feet. The market for this property is Carrollton. The landlord for this lease is Duke Realty, a logistics property REIT.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 2940 Eisenhower St, Carrollton, TX
  • Market: Carrollton
  • Tenant: Not specified
  • Landlord: Duke Realty
  • Tenant's Representative: Chris Mathis (Newmark)
  • Landlord's Representative: Matt Hyman (Duke Realty)
  • Square Feet: 80,440

Chris Mathis from Newmark represented the tenant in this lease agreement, while Matt Hyman represented Duke Realty as the landlord's representative. Duke Realty has been active in securing a large volume of leases, and the negotiations for this property were part of broader leasing activities conducted during the COVID-19 pandemic.

Players

Matt Hyman

Duke Realty

Broker

13 deals

Broker
Duke Realty
Duke RealtyLandlord

Carrollton 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