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1277 Lenox Park Boulevard A...

Updated Oct 29, 2024

AT&T Signs Lease For 120,000 Sq Ft Office Space At 1277 Lenox Park Blvd In Atlanta
LEASEDOffice

AT&T Signs Lease For 120,000 Sq Ft Office Space At 1277 Lenox Park Blvd In Atlanta

1277 Lenox Park Boulevard Atlanta, GA 30319, USA

$35

$35/SF

Building Size

120,000 SF

Asset Type

Office

Closing

Jul 12, 2023

About this deal

AI

AT&T, one of the leading telecommunications companies in the United States, has signed a lease agreement for 120,000 square feet of office space at 1277 Lenox Park Boulevard in Atlanta. The property, located in the bustling market of Atlanta, Georgia, offers a prime location for AT&T to establish its presence in the area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 1277 Lenox Park Boulevard, Atlanta, GA
  • Market: Atlanta, GA
  • Tenant: AT&T
  • Asking Rent: $35.50 per square foot

This lease agreement marks a significant step for AT&T, as it secures a substantial amount of office space in Atlanta. The 120,000 square feet of leased space will provide AT&T with the necessary infrastructure and environment to support its business operations and meet customer demands in the region.

Players

A
At&tTenant

Brookhaven Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $35 per square foot on a published $35 for 120,000 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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