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12605 Challenger Parkway

John Hinnant Of Hatalom Corporation Leases Office Space At 12605 Challenger Parkway In Orlando
LEASEDOffice

John Hinnant Of Hatalom Corporation Leases Office Space At 12605 Challenger Parkway In Orlando

12605 Challenger Parkway

Building Size

11,094 SF

Asset Type

Office

Closing

Nov 19, 2024

AI

The property asset involved in this transaction is an office space located at 12605 Challenger Parkway in Orlando. It encompasses a total area of 11,094 square feet and is situated within a market that supports office/flex space usage.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 12605 Challenger Parkway
  • Market: Orlando
  • Tenant: John Hinnant - Hatalom Corporation
  • Broker: Andrew McCaw - NAI Realvest

Andrew E. McCaw of NAI Realvest represented Hatalom Corporation in this leasing transaction, which serves a service-disabled veteran-owned business providing simulation solutions and IT services. The newly leased location is intended to support the company’s ongoing growth in the area.

Players

Andrew McCaw

NAI Global

Broker

3 deals

Broker

Orlando 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