LEASEDIndustrial
Martin Grossman, David Guinn & Keaton Duhon Lease Industrial Property In Irving
3500 Valley View Lane
Building Size
479,106 SF
Asset Type
Industrial
Closing
Jun 1, 2024
AI
The industrial property located at 3500 Valley View Lane in Irving spans 479,106 square feet. The landlord, Industrial Outdoor Ventures, leased the space to MEI Rigging.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Market: Irving
- Brokers: David Guinn, Martin Grossman, & Keaton Duhon - Davidson Bogel Real Estate
Martin Grossman, David Guinn, and Keaton Duhon from Davidson Bogel Real Estate acted as the brokers representing the landlord and tenant in the lease deal.
Players
Irving 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