LEASEDIndustrial
J2 Fabrication Renews 12,000 SF Industrial Lease In Magnolia With Oxford Partners
327 Magnolia Business Park Dr
Building Size
12,000 SF
Asset Type
Industrial
Closing
Feb 16, 2024
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not Provided
- Address: 327 Magnolia Business Park Drive
- Market: Magnolia
- Tenant: J2 Fabrication
- Tenant's Broker: Jeffery Arnaud - Oxford Partners
Players
Magnolia 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