LEASEDOffice
Angel Oak Home Loans Leases Office Space In McKinney At 4500 W. Eldorado Parkway With Brokers Colliers International
4500 W Eldorado Pkwy, Mc Kinney, Tx 75070, Usa
Building Size
37,890 SF
Asset Type
Office
Closing
Aug 23, 2020
AI
The office property located at 4500 W. Eldorado Parkway in McKinney has been leased. The transaction took place on August 24, 2020. The property spans an area of 3,789 square feet.
Summary of transaction details:
- Property Type: Office
- Tenant: Angel Oak Home Loans
- Brokers: Anthony Chammah, Mary Stoner Yost, & Sam Strickland – Colliers International
Anthony Chammah, Mary Stoner Yost, and Sam Strickland from Colliers International represented the tenant, Angel Oak Home Loans, in this lease transaction.
Players
McKinney 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