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Monta Ellis Launches Ellis Elite Basketball Academy In Coppell At Sandy Lake Business Center

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LEASED

Texas

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Mixed-use16,936 SF
Leased 05/27/2024
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LEASED

Monta Ellis Launches Ellis Elite Basketball Academy In Coppell At Sandy Lake Business Center

989 West Sandy Lake Road

See Similar Deals
Mixed-use16,936 SF
Leased 05/27/2024
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:16,936 SF
Transaction Type:Lease

Located at 989 West Sandy Lake Road in Coppell, the mixed-use property spans 16,936 square feet and is the new home of the Ellis Elite Basketball Academy, founded by former NBA star Monta Ellis.

Summary of transaction details:

Erik Blais, the senior vice president of Bradford Commercial Real Estate Services, played a key role in securing the 16,936 square feet of space at the Sandy Lake Business Center for the Ellis Elite Basketball Academy, marking the academy’s first location in Texas. The new venture will provide advanced training for young athletes in partnership with high-profile sports figures like Monta Ellis.

Players

Erik Blais
Bradford Commercial Real Estate Services
Erik Blais
13 deals(817) 921-8179
BROKER

Details

LEASED
IMAGE: Monta Ellis & Erik Blais DATE: 05/27/2024 ADDRESS: 989 West Sandy Lake Road MARKET: Coppell ASSET TYPE: Mixed-use ~ SF: 16,936 LANDLORD: H2G Enterprises Inc TENANT: Monta Ellis (@IAmMontaEllis) - The Ellis Elite Basketball Academy (@WerElliseLite) BROKER: Erik Blais - Bradford Commercial Real Estate Services (@BradfordCompanies) NOTE: Former NBA star Monta Ellis has launched the Ellis Elite Basketball Academy in North Dallas, securing 16,936 square feet of space in the Sandy Lake Business Center for his new venture. Located at 989 W. Sandy Lake Rd. in Coppell, this academy marks the first location in Texas for Basketball Training Systems LLC, offering advanced training for aspiring young athletes in partnership with high-profile figures like Ellis across multiple states. Erik Blais, senior vice president of Bradford Commercial Real Estate Services, facilitated the lease agreement, bringing the 57,302-square-foot flex project to full occupancy and emphasizing Ellis's strong fit as a well-known sports figure with extensive NBA experience.

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Deal Type
Effective Rent (Annual)

$970,761.30

Total Lease Value

$9,707,613.00

Net Landlord Cash Flow$970,761.30