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15301 Spectrum Drive, Addis...

Attigo Health Leases Office Space At 15301 Spectrum Drive In Addison
LEASEDOffice

Attigo Health Leases Office Space At 15301 Spectrum Drive In Addison

15301 Spectrum Drive, Addison, TX 75001, USA

Building Size

5,779 SF

Asset Type

Office

Closing

Jun 24, 2020

AI

The leased property is located at 15301 Spectrum Drive in Addison. The asset type of the property is office.

Summary of transaction details

  • Property Type: Office
  • Tenant: Attigo Health - Ian Smyth
  • Landlord: G&I VIII Quorum North L.P.
  • Tenant's Rep: Rubicon Representation
  • Landlord Rep: Ryan Evanich, Chase Lopez & Brandon Terrell - Stream Realty Partners
  • SF: 5,779

The tenant, Ian Smyth from Attigo Health, leased the property from the landlord, G&I VIII Quorum North L.P. The tenant was represented by Rubicon Representation, while the landlord was represented by Ryan Evanich, Chase Lopez, and Brandon Terrell from Stream Realty Partners.

Players

Brandon Terrell

Stream Realty Partners⁠

Broker

3 deals

Broker

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