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616 West Mockingbird Lane, ...

Stonelake Capital Partners Leases Industrial Space To Pinnacle Coatings Group In Brookhollow, Dallas. Keaton Duhon & David Guinn From Davidson Bogel Represented
LEASEDIndustrial

Stonelake Capital Partners Leases Industrial Space To Pinnacle Coatings Group In Brookhollow, Dallas. Keaton Duhon & David Guinn From Davidson Bogel Represented

616 West Mockingbird Lane, Dallas, Texas 75247, United States

Building Size

26,600 SF

Asset Type

Industrial

Closing

Jun 21, 2022

AI

The industrial property located at 616 W Mockingbird Ln in Brookhollow, Dallas has been leased by Pinnacle Coatings Group. The lease transaction took place on 06/22/2022 and the property spans an area of 26,600 square feet. The landlord for this lease is Stonelake Capital Partners.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Date: 06/22/2022
  • Address: 616 W Mockingbird Ln, Brookhollow, Dallas
  • Market: Dallas
  • Size: 26,600 square feet
  • Landlord: Stonelake Capital Partners
  • Tenant: Pinnacle Coatings Group
  • Brokers: Keaton Duhon & David Guinn - Davidson Bogel

The DB2RE Industrial team, represented by Keaton Duhon and David Guinn from Davidson Bogel, facilitated this lease transaction. They leverage their comprehensive real estate expertise, leading-edge market research, and in-depth knowledge of the industrial market to provide complete solutions tailored to their clients' unique needs. With a focus on manufacturing, warehousing, distribution, and research and development, DB2RE's Industrial Division offers competitive and comprehensive industrial real estate solutions.

Players

Keaton Duhon

Davidson Bogel Real Estate

Broker

10 deals

Broker
Stonelake Capital Partners
Stonelake Capital PartnersLandlord

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