Vista Holdings Leases 22,101 SF Office Space In Addison, TX
LEASED
Texas
See Similar DealsOffice22,101 SF
Leased 07/31/2023
LEASED
Vista Holdings Leases 22,101 SF Office Space In Addison, TX
14285 Midway Rd
See Similar DealsOffice22,101 SF
Leased 07/31/2023
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:22,101 SF
Transaction Type:Lease
The property involved in this lease transaction is an office space located at 14285 Midway Road in Addison, TX. The property spans a total area of 22,101 square feet. The lease transaction took place on July 31, 2023.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 14285 Midway Road
- Market: Addison, TX
- Square Footage: 22,101
The lease was brokered by Sarah Catherine Alford and Ezra Stone of Vista Holdings. They represented the parties involved in the transaction.
The lease type for this transaction is a Modified Gross Lease. This lease agreement typically involves the tenant being responsible for base rent and a portion of the operating expenses, while the landlord covers the remaining operating expenses.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,266,815.98
Total Lease Value
$12,668,159.83
Net Landlord Cash Flow$1,266,815.98
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