LEASEDOffice
Minneapolis Office Lease - Jim Montez, Alex Baron, Nathan Arnold
700 Nicollet Mall, Minneapolis, Mn 55402, Usa
$22
$22/SF
Building Size
13,500 SF
Asset Type
Office
Closing
May 16, 2023
AI
The office property located at Minneapolis, USA was recently leased.
Summary of transation details
- Property Type: Office
The lease transaction involved the following individuals and companies:
- Landlord's Representative:
- Tenant's Representative:
- Brokers: Jim Montez - [AGENCY], Alex Baron - [AGENCY], Nathan Arnold - [AGENCY]
Players
Minneapolis 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
721045.45%
Cash-on-Cash
-206077.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93