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7611 John W Carpenter Freeway

Sun Commercial Roofing Leases 47518 Square Feet Industrial Space Near Dallas Airport
LEASEDIndustrial

Sun Commercial Roofing Leases 47518 Square Feet Industrial Space Near Dallas Airport

7611 John W Carpenter Freeway

Building Size

47,518 SF

Asset Type

Industrial

Closing

Dec 10, 2024

AI

The property involved in this lease transaction is an industrial space located at 7611 John Carpenter Freeway in Dallas. It encompasses a total square footage of 47,518 and is equipped with features such as 16-foot clear heights, four dock doors, and 13,547 square feet of office space.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 7611 John Carpenter Freeway
  • Market: Dallas
  • Tenant: Sun Commercial Roofing
  • Landlord's Representative: Eddie Liebman - Weitzman
  • Tenant's Representative: Chase Miller - NAI Robert Lynn

Key individuals in this transaction include Eddie Liebman representing the landlord through Weitzman and Chase Miller representing the tenant, Sun Commercial Roofing, through NAI Robert Lynn. This lease was brokered in proximity to Dallas Love Field Airport.

Players

Chase Miller

NAI Global

Broker

$8.8M

vol

11 deals

Broker

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