Redi Carpet Leases Industrial Property On Jubilee Lane In Lewisville With Brokers Adam Graham & Corbin Blount
550 Jubilee Lane, Lewisville, Texas 75056, United States
Building Size
46,628 SF
Asset Type
Industrial
Closing
Dec 7, 2022
AI
The industrial property located at 550 Jubilee Lane in Lewisville has been leased. The property spans approximately 46,628 square feet, making it suitable for industrial purposes. The lease agreement was finalized on December 7, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 12/07/2022
- Address: 550 Jubilee Lane, Lewisville
- Market: Lewisville
- Square Footage: 46,628
The landlord for this lease transaction is TA Realty, while the tenant is Redi Carpet. Representing both parties in the deal were Adam Graham & Corbin Blount from Lee & Associates.
Players
The Colony 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