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8150 N Central Expy #2000, ...

Updated Oct 29, 2024

Bilt advertisement
Istation Leases 50,000 SF Office Space In Northeast Dallas With Newmark Knight Frank & E. Smith Advisors
LEASEDOffice

Istation Leases 50,000 SF Office Space In Northeast Dallas With Newmark Knight Frank & E. Smith Advisors

8150 N Central Expy #2000, Dallas, Tx 75206, Usa

Building Size

500,000 SF

Asset Type

Office

Closing

Jun 14, 1920

About this deal

AI

The property involved in this lease transaction is an office space located at 8150 N Central Expy Suite in Dallas, Northeast Dallas market. The total square footage of the space is 50,000.

Summary of transaction details

John Wolf and Sara Fredericks from Newmark Knight Frank, along with E. Smith Advisors, represented the tenant, Istation, in this lease deal.

Traded’s record for 8150 N Central Expy #2000, Dallas, Tx 75206, Usa in Dallas, California covers a office lease. Published size for 8150 N Central Expy #2000, Dallas, Tx 75206, Usa is 500,000 square feet. John Wolf, Sara Fredericks, Newmark appear on the lease alongside Newmark. This page is the Dallas, California file for the 8150 N Central Expy #2000, Dallas, Tx 75206, Usa office leased: pricing, party profiles, and other closed office comps from the same Dallas sit in the Market section below. Cite this Istation Leases 50,000 SF Office Space In Northeast Dallas With Newmark Knight Frank & E. Smith Advisors lease when underwriting similar office product around Dallas, California.

Players

Sara Fredericks

Newmark

Broker

5 deals

Broker

Dallas 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

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