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5181 Samuell Blvd, Mesquite...

Westrock Container Leases 62,158 SF Industrial Space In Mesquite With Trevor Atkins - CBRE And Josh Barnes - Holt Lunsford
LEASEDIndustrial

Westrock Container Leases 62,158 SF Industrial Space In Mesquite With Trevor Atkins - CBRE And Josh Barnes - Holt Lunsford

5181 Samuell Blvd, Mesquite, TX 75149, USA

Building Size

621,580 SF

Asset Type

Industrial

Closing

Aug 12, 2020

AI

Located at 5181 Samuell Boulevard in Mesquite, this industrial property has been recently leased. Spanning an area of 62,158 square feet, the asset offers a spacious location for business operations. The transaction took place on August 13, 2020.

Summary of transaction details

  • Property Type: Industrial
  • Tenant: Westrock Container
  • Tenant's Representative: Trevor Atkins - CBRE
  • Landlord's Representative: Josh Barnes - Holt Lunsford
  • Address: 5181 Samuell Boulevard
  • Market: Mesquite
  • Square Footage: 62,158

Trevor Atkins from CBRE represented the tenant, Westrock Container, in this leasing deal. On the other hand, Josh Barnes from Holt Lunsford served as the landlord's representative. Both parties played a crucial role in finalizing this transaction.

Players

Josh Barnes

Holt Lunsford Commercial

Broker

11 deals

Broker

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