Updated Dec 20, 2023
Premier LogiTech Leases 178,984 SF Industrial Space In Coppell
511 South Royal Lane, Coppell, TX, USA
Building Size
178,984 SF
Asset Type
Industrial
Closing
Dec 15, 2020
About this deal
AI
511 & 600 South Royal Lane in Coppell has been leased to Premier LogiTech. The industrial property spans 178,984 square feet and is located in the Coppell market. The lease transaction took place on December 16, 2020.-
Summary of transaction details:
- Property Type: Industrial
- Tenant: Premier LogiTech
- Market: Coppell
- Address: 511 & 600 South Royal Lane
- Square Feet: 178,984
- Date: 12/16/2020
Scott Paul is the representative for Premier LogiTech in this lease deal.
Traded’s record for 511 South Royal Lane, Coppell, TX, USA in Coppell, Texas covers a industrial lease from 2020. Published size for 511 South Royal Lane, Coppell, TX, USA is 178,984 square feet. This page is the Coppell, Texas file for the 511 South Royal Lane, Coppell, TX, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Coppell sit in the Market section below. Filter that Coppell industrial set by closing date to see what else leased near 511 South Royal Lane, Coppell, TX, USA around 2020. Cite this Premier LogiTech Leases 178,984 SF Industrial Space In Coppell lease when underwriting similar industrial product around Coppell, Texas.
Players
Coppell Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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