Grand Prairie Distribution
Arlington Commerce Park, Bldg 7 · 1450 Avenue R, Grand Prairie, TX 75050
Landlord: Great Southwest Logistics Partners, LP
Key dates
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. Add as many of your own as you need — a date you have promised somebody, an internal review, anything the lease does not produce by itself — and they are reminded about the same way.
Your rights
Early termination option
Section 41Early termination effective month 36 with a fee equal to unamortized TI plus three months' rent.
Leave early on —, on 180 days’ notice
Renewal option · 5 years
Section 40.2Two consecutive five-year renewals at market rent.
5 more years, on 270 days’ notice
Deposit reductions
Most leases of any size step the deposit down over the term, and almost nobody collects it — the date passes, you are owed money, and the landlord says nothing. Each step you record here becomes a reminder to ask, sent before the date rather than after.
$72,500 still to recover across 2 reductions.
Rent over the term
| Lease year | Per month | For the year | Rate / SF | Change |
|---|---|---|---|---|
| Year 1Mar 1, 2025 — Feb 28, 2026 | $52,577.78avg | $630,933 | $5.63/SF | — |
| Year 2Mar 1, 2026 — Feb 28, 2027NOW | $78,866.67 | $946,400 | $8.45/SF | +50% |
| Year 3Mar 1, 2027 — Feb 29, 2028 | $81,044.45avg | $972,533 | $8.68/SF | +2.76% |
| Year 4Mar 1, 2028 — Feb 28, 2029 | $82,600.00 | $991,200 | $8.85/SF | +1.92% |
| Year 5Mar 1, 2029 — Jan 1, 2030 | $82,600.00 | $908,600 | $8.85/SF | — |
Deal points
Is this space still working?
“Running a third shift and still overflowing into 3PL storage.”
Friction: Dock Doors, Ceiling Height, Trailer Parking
Last answered Oct 1, 2026
History
Three readings pointing the same way is a decision, not an opinion.