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
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