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1001 Lakeside Parkway

Updated Oct 29, 2024

Leo Parsons' Communication Test Design Leases Industrial Space In Flower Mound
LEASEDIndustrial

Leo Parsons' Communication Test Design Leases Industrial Space In Flower Mound

1001 Lakeside Parkway

Building Size

185,344 SF

Asset Type

Industrial

Closing

Jul 30, 2020

About this deal

AI

The industrial property located at 1001 Lakeside Parkway in Flower Mound has been leased in a closed transaction. The property spans an area of 185,344 square feet.

Summary of transation details

  • Property Type: Industrial
  • Address: 1001 Lakeside Parkway, Flower Mound

The tenant for this property is Communication Test Design, represented by Leo Parsons. The lease transaction was facilitated by brokers from Lee & Associates, Jackson Cross, and JLL.

Traded’s record for 1001 Lakeside Parkway in Flower Mound, Texas covers a industrial lease from 2020. The building is 185,344 square feet, implying about 0 per square foot on the published price. Named participants on the 1001 Lakeside Parkway lease are Leo Parsons. This page is the Flower Mound, Texas file for the 1001 Lakeside Parkway industrial leased: pricing, party profiles, and other closed industrial comps from the same Flower Mound sit in the Market section below. Filter that Flower Mound industrial set by closing date to see what else leased near 1001 Lakeside Parkway around 2020. Cite this Leo Parsons' Communication Test Design Leases Industrial Space In Flower Mound lease when underwriting similar industrial product around Flower Mound, Texas.

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Players

Leo Parsons

Communication Test Design, Inc

Tenant

2 deals

Tenant
Bilt advertisement

Flower Mound Industrial Market Snapshot

Boundary boundary · Industrial · 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

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