facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Warehouse

/

Lease

/

1800 Kelly BLVD, Carrollton...

Link Industrial Properties Leases 157979 Square Feet At 1800 Kelly Blvd Carrollton With Ken Wesson
LEASEDWarehouse

Link Industrial Properties Leases 157979 Square Feet At 1800 Kelly Blvd Carrollton With Ken Wesson

1800 Kelly BLVD, Carrollton, TX, 75006

Building Size

157,979 SF

Asset Type

Warehouse

Closing

Nov 20, 2023

AI

The property located at 1800 Kelly Blvd in Carrollton, TX, features a total square footage of 157,979 within an industrial lease. The overall building was constructed in 1970 and encompasses 315,000 square feet within the Carrollton market.

Summary of transaction details:

  • Property Type: Industrial Lease
  • Transaction Amount: Not disclosed
  • Square Feet: 157,979
  • Address: 1800 Kelly Blvd, Carrollton, TX, 75006
  • Market: Carrollton
  • Landlord: Link Industrial Properties
  • Landlord's Representative: Ken Wesson, Lee & Associates
  • Tenant: Western-BRW
  • Tenant's Representative: Not disclosed

Ken Wesson and Phil Rosenfeld of Lee & Associates negotiated the lease on behalf of the landlord, Link Industrial Properties, ensuring the property was successfully leased to Western-BRW, a paper distributor, though the representative for the tenant remains undisclosed.

Players

Ken Wesson

Lee & Associates

Broker

15 deals

Broker
LP
Link Industrial PropertiesLandlord

Carrollton Warehouse Market Snapshot

Boundary boundary · Warehouse · Lease transactions

Loading comparables…

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