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5325 FAA Blvd Irving, TX 75...

Reaction Audio Visual Leases 18,924 SF Industrial Space In Irving With Nuveen Real Estate
LEASEDIndustrial

Reaction Audio Visual Leases 18,924 SF Industrial Space In Irving With Nuveen Real Estate

5325 FAA Blvd Irving, TX 75061, USA

Building Size

18,924 SF

Asset Type

Industrial

Closing

May 16, 2023

AI

Nuveen Real Estate has facilitated an industrial lease for Reaction Audio Visual, securing an 18,924-square-foot space at 5325 FAA Blvd in Irving. The building offers features such as 24-foot clear heights, two dock-high doors, and approximately 3,000 square feet of office space.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount:
  • Address: 5325 FAA Boulevard, Irving
  • Market: Irving
  • SF: 18,924

The lease deal was facilitated by Reed Parker, Mark Graybill, and Ken Wesson of Lee & Associates. Reed Parker represented the tenant, Reaction Audio Visual, while Mark Graybill and Ken Wesson represented the landlord, Nuveen Real Estate.

Players

Ken Wesson

Lee & Associates

Broker

15 deals

Broker
Nuveen
NuveenLender
Nuveen
NuveenLandlord

Texas 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