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14841 Dallas Parkway

National Bankruptcy Services Leases Office Space At 14841 Dallas Parkway In Dallas, TX
LEASEDOffice

National Bankruptcy Services Leases Office Space At 14841 Dallas Parkway In Dallas, TX

14841 Dallas Parkway

$30

$30/SF

Building Size

45,999 SF

Asset Type

Office

Closing

Jun 1, 2023

AI

The property involved in this lease transaction is an office located at 14841 Dallas Parkway in Dallas, TX. The office has a total square footage of 45,999 and the leasing price is set at $30 per square foot. The landlord in this transaction is JP Aberdeen.

Summary of transaction details

The tenant in this lease is National Bankruptcy Services. The landlord's representative involved in the deal is Sarah Catherine Alford, representing Vista Holdings. On the tenant's side, the representatives involved in the transaction are Nick Lee, Kent Smith, Tom Lynn, and Grant Frerichs.

Players

Kent Smith

NAI Global

Broker

7 deals

Broker

Dallas 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

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93