Updated Oct 29, 2024
Aurora Innovation Leases 14,000 SF Industrial Space In Coppell With Tenant's Rep Cushman & Wakefield
700 Freeport Pkwy, Coppell, TX 75019, USA
Building Size
14,000 SF
Asset Type
Industrial
Closing
Sep 2, 2020
About this deal
AI
A 14,000 square foot industrial property located at 700 Freeport Parkway in Coppell has been leased by Aurora Innovation. The landlord of this property is Link Industrial Properties. The deal was facilitated by Cushman & Wakefield, representing Aurora Innovation as their tenant's representative. Stream Realty Partners, represented by Jeremy Kelly & Sarah Ozanne, served as the landlord's representative in this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 700 Freeport Parkway
- Market: Coppell
This lease showcases Aurora Innovation's commitment to acquiring industrial space in the Coppell market. With the assistance of Cushman & Wakefield and Stream Realty Partners, the deal was successfully executed, securing the 14,000 square foot property for the tenant's use.
On the Map
Industrial
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Players
Coppell Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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