Bradford Commercial Secures High Value Signs Lease At Skyview Centre, Irving
8302 Sterling Street
Building Size
3,527 SF
Asset Type
Industrial
Closing
Jun 11, 2024
AI
The property involved in the transaction is an Industrial asset located at 8302 Sterling Street in Irving, spanning 3,527 square feet. The lease was secured by High Value Signs at the Skyview Centre Building 1.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: High Value Signs
- Landlord's Rep: Samantha Seelig Dewan & Troy Alexander Dewan - Harkinson Dewan Management LLC
- Tenant's Rep: Leigh Richter - Bradford Commercial Real Estate Services
- Address: 8302 Sterling Street
- Market: Irving
- Asset Type: Industrial
- SF: 3,527
Leigh Richter of Bradford Commercial Real Estate Services represented the tenant, High Value Signs, in the transaction. Samantha Seelig Dewan and Troy Alexander Dewan, from Harkinson Dewan Management LLC, served as the landlord's representatives in the deal.
Players
Irving 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