LEASEDOffice
Goosehead Insurance Leases 150,454 SF Office Building In Westlake, Dallas-Forth Worth
1500 Solana Blvd, Westlake, TX 76262, USA
Building Size
1,504,540 SF
Asset Type
Office
Closing
Jun 17, 2020
AI
An office building located at 1500 Solana Blvd. in Westlake, Dallas-Fort Worth has been leased. The property spans a total of 150,454 square feet.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: N/A
- Address: 1500 Solana Blvd.
- City: Dallas-Fort Worth
- Market: Westlake
- Tenant: Goosehead Insurance – Mark E. Jones
- Landlord: Glenstar – Michael Klein
- Tenant's Representative: Josh White, Chelby Sanders, & Ryan Buchanan – CBRE
The lease transaction was facilitated by CBRE, represented by Josh White, Chelby Sanders, and Ryan Buchanan. No additional details about the lease transaction were provided.
Players
Roanoke 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