facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

634 West Mockingbird Lane, ...

Granite Empire Leases Industrial Space In Brookhollow, Dallas
LEASEDIndustrial

Granite Empire Leases Industrial Space In Brookhollow, Dallas

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

Building Size

16,800 SF

Asset Type

Industrial

Closing

Jun 5, 2022

AI

The industrial property located at 634 W Mockingbird Ln in Brookhollow, Dallas has been leased. The property spans an area of 16,800 square feet and is owned by Stonelake Capital Partners. The tenant, Granite Empire, has entered into the lease agreement.

Summary of transation details

  • Property Type: Industrial
  • Transaction Date: 06/06/2022
  • Address: 634 W Mockingbird Ln, Brookhollow, Dallas
  • Square Footage: 16,800

The lease transaction was facilitated by brokers Keaton Duhon and David Guinn of Davidson Bogel. The DB2RE Industrial team, represented by Keaton Duhon and David Guinn, provided comprehensive real estate expertise and in-depth knowledge of the industrial market. Through their customized solutions, they were able to address the specific needs of Granite Empire, ultimately making the deal successful.

The Industrial Division of DB2RE specializes in serving clients in manufacturing, warehousing, distribution, and research and development. They have a competitive edge due to their extensive experience and innovative approach, generating powerful solutions that cater to diverse demands in the industrial real estate market.

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

Loading comparables…

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