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
About this deal
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]
The office lease at 700 Nicollet Mall, Minneapolis, Mn 55402, Usa in Minneapolis, Minnesota leased for $22 in 2023. The building is 13,500 square feet, implying about 22 per square foot on the published price. Jim Montez, Alex Baron, Nathan Arnold, Transwestern appear on the lease alongside Transwestern, Lee & Associates. This page is the Minneapolis, Minnesota file for the 700 Nicollet Mall, Minneapolis, Mn 55402, Usa office leased: pricing, party profiles, and other closed office comps from the same Minneapolis sit in the Market section below. Filter that Minneapolis office set by closing date to see what else leased near 700 Nicollet Mall, Minneapolis, Mn 55402, Usa around 2023. Published consideration for 700 Nicollet Mall, Minneapolis, Mn 55402, Usa is $22, dated 2023. Cite this Minneapolis Office Lease - Jim Montez, Alex Baron, Nathan Arnold lease when underwriting similar office product around Minneapolis, Minnesota.
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