Updated Feb 22, 2024
Scott Voelkel - Dickey Property Co Represented the Tenant of an Industrial Space In Arlington For 42,850 SF
501 106th Street, Arlington, Texas 76011, United States
Building Size
42,850 SF
Asset Type
Industrial
Closing
Oct 24, 2022
About this deal
AI
The industrial property located at 501-509 106th Street in Arlington spans 42,850 square feet. The lease transaction for this asset was completed on October 24, 2022. The Landlord's representative in this deal was Canon Shoults from Holt Lunsford, while the Tenant's representative was Scott Voelkel from Dickey Property Co.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 501-509 106th Street
- Market: Arlington
- Asset Type: Industrial
- Square Footage: 42,850
The key individuals involved in this lease transaction were Canon Shoults representing the Landlord from Holt Lunsford and Scott Voelkel representing the Tenant from Dickey Property Co.
Players
Arlington Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas industrial leases on Traded.
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