Webstaurant Leases 11452 Square Feet At 4630 Woodland Corporate Blvd With Landlord Safanad Limited
4630 Woodland Corporate BLVD, Tamp...
Building Size
11,452 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in this lease transaction is located at 4630 Woodland Corporate Blvd in the Woodland market. The total square footage of the asset is 11,452. The landlord for this property is Safanad Limited.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 4630 Woodland Corporate BLVD, Tampa
- Market: Woodland
- Landlord's Representative: Jeff Lanning - Workspace Property Trust
- Tenant: Webstaurant
- Landlord: Safanad Limited
- Square Feet: 11,452
This transaction involves key representatives, including Jeff Lanning, who represented the landlord, Safanad Limited. The tenant securing the lease is Webstaurant, indicating a strategic agreement to occupy the specified premises.
Players
Woodland Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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