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4120 E Scyene Rd, Mesquite,...

Updated Oct 29, 2024

Dalfen Industrial Leases 379620 SF Industrial Space At 4120 E Scyene Rd, Mesquite
LEASEDIndustrial

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

About this deal

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:

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.

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Players

Matt Dornak

Stream Realty Partners⁠

Broker

15 deals

Broker
Dalfen Industrial
Dalfen IndustrialLandlord
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Mesquite 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

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