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8611 Ambassador Row

Nelson Cos. Ones LLC Leases 100,000 SF Industrial Space In Dallas
LEASEDIndustrial

Nelson Cos. Ones LLC Leases 100,000 SF Industrial Space In Dallas

8611 Ambassador Row

Building Size

100,000 SF

Asset Type

Industrial

Closing

Apr 9, 2024

AI

The industrial property located at 8611 Ambassador Row in Dallas, with a total size of 100,000 square feet, was the subject of a recent lease transaction. The building, constructed in 1955, served as the backdrop for the deal between landlord Daniel Fournier of Oxford Properties and tenant Nelson Cos. Ones LLC.

Summary of transaction details:

Holt Lunsford Commercial, a local brokerage firm, played a crucial role in facilitating the lease deal for the industrial space. Canon Shoults and Maddy Canty, representing the landlord Oxford Properties, successfully negotiated on behalf of Daniel Fournier. On the other side of the negotiation table, Cameron Rogers from Rubicon Representation skillfully advocated for the tenant, Nelson Cos. Ones LLC.

Players

Cameron Rogers

Rubicon Representation

Broker

2 deals

Broker

Dallas 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