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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: Daniel Fournier - Oxford Properties
- Tenant: Nelson Cos. Ones LLC
- Landlord's Rep: Canon Shoults & Maddy Canty - Holt Lunsford Commercial
- Tenant's Rep: Cameron Rogers - Rubicon Representation
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
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