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Grand Prairie Distribution

Arlington Commerce Park, Bldg 7 · 1450 Avenue R, Grand Prairie, TX 75050

ActiveWarehouseTX-GPR-002Building 7

Landlord: Great Southwest Logistics Partners, LP

No photo
Size112,000 SF
Rate$8.85/SF
Rent this month$78,866.67
Annualized$946,400
StartsJan 16, 2025
ExpiresNov 16, 2029 (in 3.2 years)
Who pays expensesTriple net (NNN)
Security deposit$145,000

Key dates

Letter of credit expires
Owned by Priya RamanNov 13, 2026in 2 months
Early termination notice deadlineEarly termination effective month 36 with a fee equal to unamortized TI plus three months' rent.
Owned by Marcus WebbDec 9, 2026in 3 months
Renewal notice deadlineTwo consecutive five-year renewals at market rent.
Owned by Sample UserFeb 16, 2029in 2.4 years
Lease expires
Nov 16, 2029in 3.2 years

Every deadline this lease creates, in one list. The ones that come from a right are set under Your rights below, so they cannot drift apart from it. Anything else you add here is yours to change.

Your rights

Early termination option

Section 41
Available

Early termination effective month 36 with a fee equal to unamortized TI plus three months' rent.

Last day to give noticeDec 9, 2026in 3 months
Notice required180 days

Leave early on —, on 180 days’ notice

Renewal option · 5 years

Section 40.2
Available

Two consecutive five-year renewals at market rent.

Last day to give noticeFeb 16, 2029in 2.4 years
Notice required270 days

5 more years, on 270 days’ notice

Security deposit burndown

Your deposit steps down over the term — but only if you ask. No landlord volunteers this.

Still to recover$72,500
$48,333 back$145,000 → $96,667 on Mar 16, 2026
Money back

Conditions: No monetary default during the preceding 12 months.

Recovered Apr 16, 2026.

2
$48,333 back$96,667 → $48,334 on Mar 16, 2027
Not yet requested
Send the request by Jan 30, 2027 (in 5 months) — 45 days ahead, per the lease.

Conditions: No monetary default during the preceding 12 months and no more than two notices of default over the Term.

3
$24,167 back$48,334 → $24,167 on Mar 16, 2028
Not yet requested
Send the request by Jan 31, 2028 (in 1.4 years) — 45 days ahead, per the lease.

Conditions: No monetary default during the preceding 12 months.

Rent over the term

Lease yearPer monthFor the yearRate / SFChange
Year 1Jan 16, 2025 — Jan 15, 2026$52,577.78avg$630,933$5.63/SF—
Year 2Jan 16, 2026 — Jan 15, 2027NOW$78,866.67$946,400$8.45/SF+50.0%
Year 3Jan 16, 2027 — Jan 15, 2028$81,044.45avg$972,533$8.68/SF+2.8%
Year 4Jan 16, 2028 — Jan 15, 2029$82,600.00$991,200$8.85/SF+1.9%
Year 5Jan 16, 2029 — Nov 16, 2029$82,600.00$908,600$8.85/SF—

As the lease words it

PeriodPer monthRate / SFNote
Jan 16, 2025 — Apr 16, 2025Free—4 months abated
May 16, 2025 — May 16, 2027NOW$78,866.67$8.45/SF
Jun 16, 2027 — Nov 16, 2029$82,600.00$8.85/SF

Deal points

Security deposit$145,000.00Returned within 45 days after expiration, without interest
Deposit top-upWithin 10 daysIf the landlord draws on the deposit, this is how long you have to put it back before you are in default
GuarantorNone required

Is this space still working?

Way too smallGrowing fast64 people

“Running a third shift and still overflowing into 3PL storage.”

Friction: Dock Doors, Ceiling Height, Trailer Parking

Last answered Aug 16, 2026

History

Aug 2026Way too smallGrowing fast
64 people
May 2026A bit tightGrowing
58 people

Three readings pointing the same way is a decision, not an opinion.