Iron Mountain Information Inc Renews 58K SF Industrial Lease In Arlington
626 106th St Arlington, TX 76011, USA
Building Size
58,016 SF
Asset Type
Industrial
Closing
Aug 31, 2023
AI
A 58,016-square-foot industrial property located at 626 106th Street in Arlington has secured a lease renewal. The property spans across 2.4 acres and is owned by an undisclosed landlord.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: N/A
- Square Footage: 58,016
- Address: 626 106th Street
- Market: Arlington
The lease renewal was negotiated by the Finial Group, representing the undisclosed landlord, and Transwestern, acting as the tenant's representative. Iron Mountain Information Inc has renewed the lease for the property.
Players
Arlington 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