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
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