Lighthouse Fence Supply Leases 25,564 SF Industrial Space In Dallas With Mark Graybill - Lee & Associates
9151 King Arthur Dr Dallas, TX 75247, USA
Building Size
25,564 SF
Asset Type
Industrial
Closing
Jul 20, 2023
AI
The industrial property located at 9151 King Arthur Drive near Dallas Love Field Airport has been leased in a deal negotiated by Lee & Associates. The property spans 25,564 square feet and was built in 1966. It is now leased by Lighthouse Fence Supply from Trio Pines.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Address: 9151 King Arthur Drive
- Market: Dallas
- Tenant: Lighthouse Fence Supply
- Broker: Mark Graybill - Lee & Associates
Mark Graybill from Lee & Associates played a key role in negotiating the lease agreement for the industrial property. This deal provides Lighthouse Fence Supply with a 25,564-square-foot space near Dallas Love Field Airport, allowing them to efficiently serve their customers in the Dallas area.
Players
Texas 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