American West Worldwide Express Inc. Leases 108,000 SF Industrial Space In Dallas
3535 La Reunion Parkway, Dallas, TX, USA
Building Size
108,000 SF
Asset Type
Industrial
Closing
Jun 17, 2021
AI
The industrial property located at 3535 La Reunion Parkway in Dallas has been leased. The transaction took place on June 18, 2021. The property spans 108,000 square feet and belongs to Taurus Investment Holdings, represented by Peter A. Merrigan. The tenant, American West Worldwide Express Inc., was represented by Lee & Associates. The landlord's representative in the deal was Holt Lunsford Commercial.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3535 La Reunion Parkway
- Market: Dallas
- Tenant: American West Worldwide Express Inc. - Joshua Brown
- Landlord: Taurus Investment Holdings - Peter A. Merrigan
- Tenant's Rep: Lee & Associates
- Landlord's Rep: Holt Lunsford Commercial
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