Updated Dec 4, 2024
Leon Industrial Acquires 530000 SF Industrial Asset At 1201 Chase Road In Mesquite
1201 Chase Road
Building Size
530,000 SF
Asset Type
Industrial
Closing
Aug 2, 2024
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 1201 Chase Road in Mesquite, encompassing a total square footage of 530,000. The transaction took place on August 1, 2024.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 1201 Chase Road
- Market: Mesquite
- Square Feet: 530,000
- Buyer: Leon Industrial
- Broker: Ryan Thornton - CBRE
Ryan Thornton represented the deal for CBRE, facilitating the transaction for the buyer, Leon Industrial. Further details about the negotiation or terms of the agreement are not disclosed.
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Industrial
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Mesquite Industrial Market Snapshot
Boundary boundary · Industrial · Sale 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