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890 West Avenue, Grand Prai...

Fidelity Paper & Supply Signs Lease For 107,082 SF Industrial Space In Grand Prairie With Reps Cameron Rogers, John Brewer, & Riley Maxwell - Rubicon Representation & Transwestern
LEASEDIndustrial

Fidelity Paper & Supply Signs Lease For 107,082 SF Industrial Space In Grand Prairie With Reps Cameron Rogers, John Brewer, & Riley Maxwell - Rubicon Representation & Transwestern

890 West Avenue, Grand Prairie, TX, USA

Building Size

107,082 SF

Asset Type

Industrial

Closing

Aug 19, 2020

AI

Located at 890 West Freeway in Grand Prairie, this industrial property spans 107,082 square feet. The transaction took place on August 19, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Market: Grand Prairie
  • Tenant: Fidelity Paper & Supply
  • Tenant's Representative: Cameron Rogers - Rubicon Representation
  • Landlord's Representatives: John Brewer & Riley Maxwell - Transwestern

Cameron Rogers, representing Rubicon Representation, acted as the tenant's representative in this lease agreement. On the other hand, John Brewer and Riley Maxwell, from Transwestern, represented the landlord.

Players

Cameron Rogers

Rubicon Representation

Broker

2 deals

Broker

Grand Prairie 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