Updated Oct 28, 2024
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
About this deal
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.
On the Map
Industrial
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Players
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