Updated Dec 11, 2024
Duke Realty Leases 626100 Square Feet To Tenant Represented By Daniel Santagata In Hutchins
801 E Wintergreen Rd, Hutchins, TX...
Building Size
626,100 SF
Asset Type
Industrial
Closing
Jul 16, 2020
About this deal
AI
The property at 801 E Wintergreen Rd, Hutchins, TX is a 626,100-square-foot asset situated in the Hutchins market. This industrial property is fully leased to American Standard and is part of the regional logistics real estate landscape.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant's Representative: Daniel Santagata-JLL
- Landlord: Duke Realty
- Square Feet: 626,100
Daniel Santagata represented the tenant in this lease transaction, while Duke Realty served as the landlord. The involvement of JLL indicates a professional brokerage in the deal, ensuring effective negotiation and representation for American Standard.
On the Map
Industrial
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Players
Hutchins 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