Blount Fine Foods Corp. Leases 20,092 Square Feet At McKinney Trade Center From ML Realty Partners
320 Wilmeth Road
Building Size
20,092 SF
Asset Type
Industrial
Closing
Jul 13, 2026
AI
The property asset involved in the transaction is an industrial space located at 320 Wilmeth Road, McKinney, TX, encompassing a total area of 20,092 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 320 Wilmeth Road
- Market: McKinney, TX
- Landlord: ML Realty Partners
- Tenant: Blount Fine Foods Corp.
- Brokers: Brett Lewis, Taylor Stell, Ken Wesson & Adam Graham - Lee & Associates
Lee & Associates facilitated the negotiation of the industrial lease, representing both ML Realty Partners as the landlord and Blount Fine Foods Corp. as the tenant. The team advising the tenant included Brett Lewis and Taylor Stell, while Ken Wesson and Adam Graham represented the landlord in the transaction.
Players
McKinney 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