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789 North Grove Road

Battery Management Technology Corp Signs Lease For 14,100 Square Feet In Richardson Texas
LEASEDIndustrial

Battery Management Technology Corp Signs Lease For 14,100 Square Feet In Richardson Texas

789 North Grove Road

Building Size

14,100 SF

Asset Type

Industrial

Closing

Jul 29, 2026

AI

The property involved in this transaction is an industrial asset located at 789 North Grove Road in Richardson, Texas, encompassing a total square footage of 14,100. The transaction falls within the Richardson market and is owned by Dallas North Industrial, LLC.

Summary of transation details:

This lease transaction involved representation by Jessica Reinhardt and Susan Cancemi from Lee & Associates for the landlord, Dallas North Industrial, LLC, and Shane Rollins from TXCRE for the tenant, Battery Management Technology Corp. Their expertise facilitated this industrial lease agreement.

Players

Jessica Reinhardt

Lee & Associates

Broker

6 deals

Broker
BC
Battery Management Technology CorpBuyer

Richardson 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