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501 Holfords Prairie Road

IEWC Corporation Signs 176,182 Square Foot Industrial Lease With First Industrial Realty Trust In Lewisville
LEASEDIndustrial

IEWC Corporation Signs 176,182 Square Foot Industrial Lease With First Industrial Realty Trust In Lewisville

501 Holfords Prairie Road

Building Size

176,182 SF

Asset Type

Industrial

Closing

Jul 30, 2026

AI

The property involved in this transaction is an industrial asset located at 501 Holfords Prairie Road in Lewisville, Texas, encompassing a total area of 176,182 square feet. The market for this asset is identified as Lewisville, TX, with the landlord being First Industrial Realty Trust.

Summary of transaction details:

In this transaction, Mark Graybill and Adam Graham from Lee & Associates represented the landlord, while Jay Benner from Cushman & Wakefield represented the tenant, IEWC Corporation, which signed the lease for the industrial space.

Players

Adam Graham

Lee & Associates

Broker

27 deals

Broker
First Industrial Realty Trust
First Industrial Realty TrustLandlord

Lewisville 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