DFA Dairy Brands Fluid Leases 26203 Square Feet At 5200 East Grand Avenue Dallas
5200 E Grand Ave
Building Size
26,203 SF
Asset Type
Industrial
Closing
Aug 5, 2024
AI
The property involved in this lease transaction is located at 5200 East Grand Avenue in Dallas. It is classified as an industrial asset, encompassing a total square footage of 26,203. The property is owned by Holt Lunsford Commercial Investments.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 5200 East Grand Avenue
- Market: Dallas
- Landlord: Holt Lunsford Commercial Investments
- Tenant: DFA Dairy Brands Fluid
- Brokers: Canon Shoults, Josh Barnes & Mitch Cantwell - Holt Lunsford Commercial
In this transaction, DFA Dairy Brands Fluid is the tenant and engaged in the lease of the property. Holt Lunsford Commercial Investments acted as the landlord, with its brokerage division managing the lease negotiations, while the tenant represented itself in the deal.
Players
Dallas 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