LEASEDOffice
Therapy Space Leases Office Space In Addison, TX With Landlord's Rep Ezra Stone - Vista Holdings And Tenant's Rep Giovanni Palavicini - Fronteras Commercial Real Estate
14285 Midway Rd
Building Size
8,137 SF
Asset Type
Office
Closing
Sep 1, 2023
AI
The office property located at 14285 Midway Road in Addison, TX has been leased. The total square footage of the space is 8,137 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 14285 Midway Road, Addison, TX
- Market: Addison, TX
- Tenant: Therapy Space
- Landlord's Representative: Ezra Stone - Vista Holdings
- Tenant's Representative: Giovanni Palavicini - Fronteras Commercial Real Estate
The lease transaction for the office space at 14285 Midway Road was facilitated by Ezra Stone from Vista Holdings representing the landlord and Giovanni Palavicini from Fronteras Commercial Real Estate representing the tenant, Therapy Space.
Players
Addison 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