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1101 South Central Expressway

CapturePoint LLC Expands Headquarters To 27317 Square Feet At Office Campus In Allen
LEASEDOffice

CapturePoint LLC Expands Headquarters To 27317 Square Feet At Office Campus In Allen

1101 South Central Expressway

Building Size

27,317 SF

Asset Type

Office

Closing

Aug 19, 2024

AI

The property involved in this transaction is located at 1101 South Central Expressway in Allen, Texas. It is categorized as an office asset with a total square footage of 27,317. This space is part of a larger 57,055-square-foot building known as Office Campus at Allen, where CapturePoint LLC has expanded its headquarters.

Summary of transaction details:

CapturePoint LLC has successfully renewed and expanded its lease, now occupying nearly half of the building, despite having over a year remaining on its previous lease term. This expansion makes CapturePoint LLC the largest tenant within its building.

Players

Kent Smith

NAI Global

Broker

7 deals

Broker

Plano Office Market Snapshot

Boundary boundary · Office · 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