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4800 Lakawana Street, Dalla...

Ferguson Enterprises LLC Leases Industrial Space In Dallas
LEASEDIndustrial

Ferguson Enterprises LLC Leases Industrial Space In Dallas

4800 Lakawana Street, Dallas, Texas 75247, United States

Building Size

14,500 SF

Asset Type

Industrial

Closing

Mar 20, 2022

AI

An industrial property located at 4800 Lakawana St in Dallas has recently been leased. The property spans approximately 14,500 square feet, making it a valuable asset in the market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 03/21/2022
  • Address: 4800 Lakawana St, Dallas
  • Market: Dallas
  • Square Footage: 14,500

GKI Industrial Dallas LLC serves as the landlord of the property, while Ferguson Enterprises LLC has become the tenant. Brian Pafford from Bradford Commercial Real Estate Services represented the landlord, and Trapper Graff from CBRE acted as the tenant's representative. The lease agreement is long-term, providing stability for both parties involved in the deal.

Players

Brian Pafford

Bradford Commercial Real Estate Services

Broker

26 deals

Broker
GL
GKI Industrial Dallas LLCLandlord

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