Dalfen Industrial Leases 379620 SF Industrial Space At 4120 E Scyene Rd, Mesquite
4120 E Scyene Rd, Mesquite, TX, 75181
Building Size
379,620 SF
Asset Type
Industrial
Closing
Nov 20, 2023
AI
The industrial property located at 4120 E Scyene Rd in Mesquite, TX, 75181, spans 379,620 square feet. It is part of the Mesquite Airport Logistics Center, with Coleman Powersports signing a lease to occupy the entirety of Building 1.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Market: Mesquite
- Landlord's Representative: Matt Dornak (Stream Realty Partners), Ryan Wolcott (Stream Realty Partners)
- Landlord: Dalfen Industrial
- Square Feet: 379,620
Matt Dornak and Ryan Wolcott of Stream Realty Partners represented Dalfen Industrial, the landlord, in the lease negotiations with Coleman Powersports at the Mesquite Airport Logistics Center. The tenant occupying Building 1 is part of Phase I of the development, with Phase II's construction currently underway and set to be completed in the coming year.
Players
Mesquite Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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