Peachtree Stair Co. Inc. Leases Industrial Space In Dallas - 5200 E. Grand Ave
5200 East Grand Avenue, Dallas, TX 75223
Building Size
79,359 SF
Asset Type
Industrial
Closing
Sep 9, 2021
AI
The industrial property located at 5200 E. Grand Ave in Dallas has been leased. The property spans approximately 79,359 square feet.
Summary of transation details
- Property Type: Industrial
- Transaction Date: 09/09/2021
- Address: 5200 E. Grand Ave, Dallas
- Square Footage: 79,359
The landlord, City Warehouse, has entered into a lease agreement with Peachtree Stair Co. Inc. The tenant will occupy the industrial property at 5200 E. Grand Ave. Representing the landlord in the transaction were Josh Barnes and Canon Shoults, who work for Holt Lunsford Commercial. Buddy Turner, from Avison Young, served as the tenant's representative.
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