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1901 Midway Road, Lewisvill...

Updated Oct 28, 2024

Arteriors Acquires Office/Warehouse In Lewisville
LEASEDMixed-use

Arteriors Acquires Office/Warehouse In Lewisville

1901 Midway Road, Lewisville, TX, USA

Building Size

335,500 SF

Asset Type

Mixed-use

Closing

Apr 29, 2021

About this deal

AI

Arteriors, represented by Steve Davis, has leased a property located at 1901 Midway Road in Lewisville. The property is an office/warehouse asset with a total area of 335,500 square feet.

Summary of transaction details:

  • Property Type: Office/Warehouse
  • Tenant: Arteriors - Steve Davis
  • Address: 1901 Midway Road
  • Market: Lewisville
  • Square Footage: 335,500

This lease transaction involves Arteriors, a company represented by Steve Davis. The property, located at 1901 Midway Road in Lewisville, offers both office and warehouse space. The lease agreement covers a total area of 335,500 square feet.

Players

Lewisville Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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

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