Genera Leases Industrial Property In Coppell, Texas From Duke Realty
600 Freeport Parkway, Coppell, Texas 75019, United States
Building Size
260,819 SF
Asset Type
Industrial
Closing
Mar 3, 2022
AI
Genera has recently signed a lease for an industrial property located at 600 Freeport Parkway in Coppell. The property spans a total of 260,819 square feet, making it a significant asset in the area.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 03/04/2022
- Address: 600 Freeport Parkway, Coppell
- Market: Coppell
- Square Footage: 260,819
The lease deal was facilitated by Matt Hyman & Bryan Parker from Duke Realty, who acted as the landlord's representatives in this transaction. Their expertise and negotiation skills played a crucial role in finalizing the agreement between Genera and the property owner.
Players
Coppell 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