Updated Oct 28, 2024
Johnson Storage & Moving Leases Industrial Space In Dallas
39324 Lyndon B Johnson Freeway, Dallas, TX, USA
Building Size
214,649 SF
Asset Type
Industrial
Closing
Jul 25, 2021
About this deal
AI
A lease transaction was recently completed in Dallas. The industrial property, located at 39324 Lyndon B Johnson Freeway, covers an area of 214,649 square feet. The tenant, Johnson Storage & Moving, secured the lease. The landlord of the property is TA Realty, represented by Scott W. Amling. Stream Realty Partner acted as the tenant's representative, while CBRE represented the landlord in the transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 07/26/2021
- Address: 39324 Lyndon B Johnson Freeway
- Market: Dallas
- Tenant: Johnson Storage & Moving
- Landlord: TA Realty - Scott W. Amling
- Tenant's Representative: Stream Realty Partner
- Landlord's Representative: CBRE
On the Map
Industrial
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Players
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