LaSalle Investment Management Acquires Industrial Property In Coppell, Dallas
800 W Sandy Lake Rd, Coppell, TX 75019, USA
Building Size
30,747 SF
Asset Type
Industrial
Closing
Jun 1, 1920
AI
The industrial property located at 800 W. Sandy Lake Road in Coppell has been leased. The property, known as Coppell Trade Center, spans 30,747 square feet. The lease transaction took place on 06/02/20 in Dallas.
Summary of transaction details
- Property Type: Industrial
- Tenant: Apkudo – Josh Matthews
- Landlord: LaSalle Investment Management - Jeff A. Jacobson
- Broker: Holt Lunsford Commercial, Stream Realty Partners – Jeremy Kelly & Mac Hall
- City: Dallas
- Market: Coppell
The tenant in this lease transaction is Apkudo, represented by Josh Matthews. The landlord, LaSalle Investment Management, is represented by Jeff A. Jacobson. The deal was facilitated by Holt Lunsford Commercial and Stream Realty Partners, with Jeremy Kelly and Mac Hall acting as brokers. The property, boasting a total area of 30,747 square feet, provides an ideal space for Apkudo's operations.
Coppell 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