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5520 South Westmoreland Road

Leap Applied Behavioral Services Leases Mixed-Use Space At 5510-5520 South Westmoreland Road In Dallas
LEASEDMixed-use

Leap Applied Behavioral Services Leases Mixed-Use Space At 5510-5520 South Westmoreland Road In Dallas

5520 South Westmoreland Road

Building Size

11,196 SF

Asset Type

Mixed-use

Closing

Feb 3, 2026

AI

The property involved in this transaction is a mixed-use asset located at 5510-5520 South Westmoreland Road in Dallas. The building spans 11,196 square feet and was completed in 1985. The lease was signed by Leap Applied Behavioral Services for this space, which is part of a larger 20,357 square foot building.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Address: 5510-5520 South Westmoreland Road
  • Market: Dallas
  • Asset Size: 11,196 SF
  • Tenant: Leap Applied Behavioral Services
  • Landlord's Representative: Jason Gibbons - Finial Group
  • Tenant's Representative: George Ndegwa - AARE Real Estate

In this transaction, Jason Gibbons from Finial Group represented the landlord, ensuring the interests of the property owner were effectively handled. Meanwhile, George Ndegwa of AARE Real Estate acted on behalf of Leap Applied Behavioral Services, facilitating their leasing of the property.

Players

Jason Gibbons

Finial Group

Broker

12 deals

Broker

Dallas Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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