Updated Nov 27, 2024
JHCC Texas Holdings Leases 20,000 SF Industrial Space In Mesquite - Landlord DRA Advisors - Matt Dornak & Adam Jones As Brokers
440 N Town E Blvd, Mesquite, TX 75150, USA
Building Size
200,000 SF
Asset Type
Industrial
Closing
Jun 17, 2020
About this deal
AI
The industrial property located at 440 N. Town East Blvd. in Dallas has been leased. The property is situated in Mesquite's market and spans a total of 20,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: JHCC Texas Holdings
- Landlord: DRA Advisors – David Luski
- Brokers: Matt Dornak & Adam Jones – Stream Realty Partners
The tenant, JHCC Texas Holdings, has finalized the lease agreement for the industrial property. The landlord in this transaction is DRA Advisors, represented by David Luski. The brokers involved in the deal were Matt Dornak and Adam Jones of Stream Realty Partners.
On the Map
Industrial
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Players
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