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
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.
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