Updated Dec 4, 2024
Prologis Leases Industrial Property In Dallas To Florida Tile With Brokers Lee & Associates
9755 Clifford Drive
Building Size
14,903 SF
Asset Type
Industrial
Closing
Nov 3, 2023
About this deal
AI
A 14,903 square foot industrial property located at 9755 Clifford Drive in Dallas has been leased. The property is owned by Prologis, represented by Hamid Moghadam, and the tenant is Florida Tile, represented by Michael Franceschelli.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
The deal was facilitated by brokers Adam Graham and Stephen Williamson from Lee & Associates.
Traded’s record for 9755 Clifford Drive in Clifford, Texas covers a industrial lease from 2023. The building is 14,903 square feet, implying about 0 per square foot on the published price. Stephen Williamson, Adam Graham, Hamid Moghadam, Prologis appear on the lease alongside Prologis, Lee & Associates. This page is the Clifford, Texas file for the 9755 Clifford Drive industrial leased: pricing, party profiles, and other closed industrial comps from the same Clifford sit in the Market section below. Filter that Clifford industrial set by closing date to see what else leased near 9755 Clifford Drive around 2023. Cite this Prologis Leases Industrial Property In Dallas To Florida Tile With Brokers Lee & Associates lease when underwriting similar industrial product around Clifford, Texas.
On the Map
Industrial
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Players
Clifford 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