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3200 Irving Boulevard, Dall...

Dynasty Spirits Leases Industrial Space At 3200 Irving Blvd In Dallas With Tenant's Rep Scott Hobbs & Kim Lyon - Newmark
LEASEDIndustrial

Dynasty Spirits Leases Industrial Space At 3200 Irving Blvd In Dallas With Tenant's Rep Scott Hobbs & Kim Lyon - Newmark

3200 Irving Boulevard, Dallas, Texas 75247, United States

Building Size

46,378 SF

Asset Type

Industrial

Closing

May 25, 2022

AI

3200 Irving Blvd in Dallas has been leased to Dynasty Spirits. The industrial property, owned by M2G Ventures, was represented by Jason Moser & Hanes Chatham of Stream Realty Partners. Scott Hobbs & Kim Lyon of Newmark represented Dynasty Spirits in the deal. The lease was finalized on 05/26/2022.

Summary of transaction details:

The lease agreement between M2G Ventures and Dynasty Spirits for the industrial property located at 3200 Irving Blvd was facilitated by Jason Moser and Hanes Chatham from Stream Realty Partners as the landlord's representatives. On the tenant's side, Scott Hobbs and Kim Lyon from Newmark represented Dynasty Spirits.

Players

Jason Moser

Stream Realty Partners⁠

Broker

6 deals

Broker
M2G Ventures
M2G VenturesLandlord

Dallas 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