Updated Oct 29, 2024
ProPak Logistics Signs Lease For 103,085 SF Industrial Space In Dallas
8801 Autobahn Drive
Building Size
103,085 SF
Asset Type
Industrial
Closing
Jan 12, 2021
About this deal
AI
ProPak Logistics has recently signed a lease agreement for an industrial property located at 8801 Autobahn Drive in Dallas. The property spans an area of 103,085 square feet and is situated in a prime location.
Summary of transaction details:
- Property Type: Industrial
- Tenant: ProPak Logistics
- Date: 01/12/2021
- Address: 8801 Autobahn Drive
- Market: Dallas
- Square Footage: 103,085
- Tenant's Representative: Steve Clark
- Brokers: Holt Lunsford Commercial & CBRE
Steve Clark, representing ProPak Logistics, played a key role in finalizing the leasing agreement for this industrial property. The deal was facilitated by Holt Lunsford Commercial and CBRE, both reputable brokerage firms.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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