Updated Oct 28, 2024
Dahill Office Technology Corp. Leases 40,000 SF Industrial Space In Coppell
820 West Sandy Lake Road, Coppell, TX 75019
Building Size
40,000 SF
Asset Type
Industrial
Closing
May 20, 2020
About this deal
AI
The industrial property located at 820 W. Sandy Lake Road in Coppell has recently been leased. This property spans 40,000 square feet and is part of the Coppell market.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Dahill Office Technology Corp.
- Landlord: Coppell Trade Center LP
- Tenant's Representative: Thomas McGovern - JLL
- Landlord's Representatives: Andrew Gilbert & Keaton Brice - Holt Lunsford Commercial
Thomas McGovern from JLL represented the tenant, Dahill Office Technology Corp., in this lease transaction. The landlord, Coppell Trade Center LP, was represented by Andrew Gilbert and Keaton Brice from Holt Lunsford Commercial.
Players
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