Updated Oct 29, 2024
Equity Industrial Partners & Raith Capital Partners Lease Industrial Space In El Paso
9541 Joe Rodriguez Drive, El Paso, TX, USA
Building Size
123,966 SF
Asset Type
Industrial
Closing
Jan 27, 2021
About this deal
AI
Equity Industrial Partners and Raith Capital Partners have leased a 123,966-square-foot industrial property located at 9541 Joe Rodriguez Drive in El Paso. The lease agreement was finalized on January 28, 2021, with the tenant taking possession of the property.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: January 28, 2021
- Address: 9541 Joe Rodriguez Drive, El Paso
- Market: El Paso
- Square Footage: 123,966
The leasing deal was facilitated by CBRE brokers Arturo De la Mora and Andres Sandoval. They represented Equity Industrial Partners and Raith Capital Partners in the transaction, ensuring a successful agreement between the landlord and the tenant.
On the Map
Industrial
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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