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Lee & Associates Secures 100% Lease At 12710 Century Dr, Stafford TX

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LEASED

Texas

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Commercial6,000 SF
Leased 03/28/2017
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LEASED

Lee & Associates Secures 100% Lease At 12710 Century Dr, Stafford TX

12710 Century Dr, Stafford, TX, 77477

See Similar Deals
Commercial6,000 SF
Leased 03/28/2017
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Summary

TEXAS
Asset Type:Commercial
Price Per Square Foot:$0
Total Square Footage:6,000 SF
Transaction Type:Lease

The commercial property located at 12710 Century Dr in Stafford, TX, 77477, has been fully leased out, with a total square footage of 6000. The leasing transactions involved Texas Engineering and Mapping taking up 10,000 SF and HomeTeam Pest Defense leasing 6,000 SF, making the property reach maximum occupancy. The landlord, FCA, was represented by Reed Vestal of Junction Commercial Real Estate and Taylor Schmidt of Lee & Associates in both leasing agreements.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not specified
  • Address: 12710 Century Dr, Stafford, TX, 77477
  • Market: Stafford
  • Landlord's Rep: Reed Vestal (Junction Commercial Real Estate), Taylor Schmidt (Lee & Associates)
  • Landlord: FCA
  • Square Feet: 6000

Lee & Associates principals Taylor Schmidt and Reed Vestal played a vital role as the landlord's representatives in securing the leasing agreements with Texas Engineering and Mapping, as well as HomeTeam Pest Defense. Their expertise and negotiation skills were instrumental in ensuring the successful lease of the entire property, bringing it to full occupancy under their management.

Players

Taylor Schmidt
18 deals$18M volume
BROKER


FCA
LANDLORD

Details

LEASED
IMAGE: 03/28/2017 ADDRESS: 12710 Century Dr, Stafford, TX, 77477 MARKET: Stafford ASSET TYPE: Commercial LANDLORD'S REP: Reed Vestal(Junction Commercial Real Estate), Taylor Schmidt(Lee & Associates) LANDLORD: FCA SQUARE FEET: 6000

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38