LEASEDIndustrial
Hayes Company LLC Leases Industrial Property In Mesquite, TX For 156,293 SF
510 North Peachtree Road,Mesquite,Texas
Building Size
156,293 SF
Asset Type
Industrial
Closing
Mar 3, 2023
AI
An industrial property located at 510 North Peachtree Road in Mesquite has been leased. The property spans an area of 156,293 square feet.
Summary of transation details
- Property Type: Industrial
- Transaction Date: 03/03/2023
- Address: 510 North Peachtree Road
- Market: Mesquite
- Square Footage: 156,293
The tenant for this leased property is Hayes Company LLC. The deal was facilitated by Matt Dornak and Ryan Wolcott from Stream Realty Partners, along with Greg Nelson from Paladin Partners.
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