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4301 Shilling Way

Taurus Investment Holdings Leases 25970 Square Feet To Sunmetals Products In Dallas
LEASEDIndustrial

Taurus Investment Holdings Leases 25970 Square Feet To Sunmetals Products In Dallas

4301 Shilling Way

Building Size

25,970 SF

Asset Type

Industrial

Closing

Sep 16, 2024

AI

The transaction involved a 25,970-square-foot industrial asset located at 4301-4311 Shilling Way in the Dallas market. The property is under the ownership of Taurus Investment Holdings, serving as the landlord in this lease agreement.

Summary of transaction details:

Canon Shoults and Mitch Cantwell from Holt Lunsford Commercial represented the landlord in the lease agreement while the tenant, Sunmetals Products of America, is not named specifically in the transaction details. The deal showcases the collaborative efforts of the brokers in facilitating the lease arrangement.

Players

Canon Shoults

Holt Lunsford Commercial

Broker

19 deals

Broker

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