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1001 Lakeside Pkwy, Flower ...

Updated Dec 11, 2024

Duke Realty Leases 185,344 SF Office Space At 1001 Lakeside Pkwy In Flower Mound
LEASEDIndustrial

Duke Realty Leases 185,344 SF Office Space At 1001 Lakeside Pkwy In Flower Mound

1001 Lakeside Pkwy, Flower Mound, TX 75028, USA

Building Size

185,344 SF

Asset Type

Industrial

Closing

Jul 15, 2020

About this deal

AI

Located at 1001 Lakeside Pkwy in Flower Mound, this office property with a total area of 185,344 square feet was recently leased.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: 07/16/2020
  • Market: Flower Mound

The tenant, Duke Realty, represented by Ken Wesson from Lee & Associates, and John Morrissey from Jackson Cross, leased the property. The landlord, Communication Test Design, Inc, represented by Leo Parsons, played a crucial role in the transaction.

Traded’s record for 1001 Lakeside Pkwy, Flower Mound, TX 75028, USA in Flower Mound, Texas covers a industrial lease from 2020. Published size for 1001 Lakeside Pkwy, Flower Mound, TX 75028, USA is 185,344 square feet. John Morrissey, Ken Wesson, Leo Parsons, Jackson Cross Partners appear on the lease alongside Jackson Cross Partners, Duke Realty, Lee & Associates. This page is the Flower Mound, Texas file for the 1001 Lakeside Pkwy, Flower Mound, TX 75028, USA 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 Pkwy, Flower Mound, TX 75028, USA around 2020. Cite this Duke Realty Leases 185,344 SF Office Space At 1001 Lakeside Pkwy In Flower Mound lease when underwriting similar industrial product around Flower Mound, Texas.

On the Map

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Industrial

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Players

Ken Wesson

Lee & Associates

Broker

17 deals

Broker

Leo Parsons

Communication Test Design, Inc

Landlord

2 deals

Landlord
Duke Realty
Duke RealtyTenant
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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