Updated Oct 29, 2024
Progressive Healthcare Solutions Leases Industrial Space At 8080 Tristar Drive In Irving
8080 Tristar Dr, Irving, TX 75063, USA
Building Size
8,346 SF
Asset Type
Industrial
Closing
Jul 20, 2020
About this deal
AI
The industrial property located at 8080 Tristar Drive in Irving has been leased. The property spans 8,346 square feet and is part of the Progressive Healthcare Solutions LLC's portfolio. The lease transaction was facilitated by Elizabeth Jones from JLL, representing the tenant, and the landlord, KFG Investment, was represented by Canon Shoults, Josh Barnes, and Maddy Canty from Holt Lunsford Commercial.
Summary of transaction details
- Property Type: Industrial
- Tenant: Progressive Healthcare Solutions LLC
- Landlord: KFG Investment
- Tenant's Rep: Elizabeth Jones - JLL
- Landlord's Rep: Canon Shoults, Josh Barnes, & Maddy Canty - Holt Lunsford Commercial
On the Map
Industrial
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Players
Irving 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