Extreme Sandbox Leases 10,000 SF Land In Sachse With Tenant Randy Stenger & Landlord PMB Capital Investments
2900 Pleasant Valley Rd, Sachse, TX 75048, USA
Building Size
100,000 SF
Asset Type
Other
Closing
Jul 22, 2020
About this deal
AI
The property involved in this lease transaction is a land located at 2900 Pleasant Valley Road in Sachse. The property has a size of 10,000 square feet. Extreme Sandbox, represented by Randy Stenger, is the tenant, while PMB Capital Investments, represented by Peter Pincoffs, is the landlord.
Summary of transaction details
- Property Type: Land
- Tenant: Extreme Sandbox - Randy Stenger
- Landlord: PMB Capital Investments - Peter Pincoffs
Randy Stenger represents Extreme Sandbox as the tenant in this lease deal, while Peter Pincoffs represents PMB Capital Investments, the landlord.
Players
Sachse Other Market Snapshot
Boundary boundary · Other · Lease transactions
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Deal FAQ
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