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9541 Joe Rodriguez Drive, E...

Equity Industrial Partners & Raith Capital Partners Lease Industrial Space In El Paso
LEASEDIndustrial

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

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.

Players

Arturo De la Mora

CBRE

Broker

2 deals

Broker
EP
Equity Industrial PartnersLandlord

El Paso 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