Updated Oct 29, 2024
Schlage Lock Company Leases 7,192 SF Industrial Space At 5200 Tennyson Pkwy In Plano
5200 Tennyson Pkwy, Plano, TX 75024, USA
Building Size
71,920 SF
Asset Type
Industrial
Closing
Aug 23, 2020
About this deal
AI
The industrial property located at 5200 Tennyson Pkwy in Plano has been leased. The transaction took place on August 24, 2020, with a lease size of 7,192 square feet.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Schlage Lock Company
- Landlord: KBS Realty Advisors
- Broker: Kim Brooks & Justin Miller - Transwestern
Kim Brooks and Justin Miller from Transwestern represented the tenant, Schlage Lock Company, in this leasing deal.
Traded’s record for 5200 Tennyson Pkwy, Plano, TX 75024, USA in Plano, Texas covers a industrial lease from 2020. Published size for 5200 Tennyson Pkwy, Plano, TX 75024, USA is 71,920 square feet. Kim Brooks, Justin Miller, Transwestern appear on the lease alongside Transwestern. This page is the Plano, Texas file for the 5200 Tennyson Pkwy, Plano, TX 75024, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Plano sit in the Market section below. Filter that Plano industrial set by closing date to see what else leased near 5200 Tennyson Pkwy, Plano, TX 75024, USA around 2020. Cite this Schlage Lock Company Leases 7,192 SF Industrial Space At 5200 Tennyson Pkwy In Plano lease when underwriting similar industrial product around Plano, Texas.
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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