Network Cabling Services Inc. Signs Seven-Year Lease At 1544 Valwood Parkway In Carrollton
1544 Valwood Parkway
Building Size
9,573 SF
Asset Type
Office
Closing
May 22, 2023
About this deal
AI
Network Cabling Services Inc. has signed a seven-year lease to relocate and expand within Valwood Industrial Park in North Dallas. The company will occupy 9,573 square feet in Counter Point at Valwood, with plans to convert part of the space to warehouse use.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 1544 Valwood Parkway
- Market: Carrollton
- Square Footage: 9,573
Valwood Parkway Partners Ltd owns the property, while Network Cabling Services Inc. is the tenant. Brian Pafford from Bradford Commercial Real Estate Services represented the landlord, and Lee Owen from Compass TE Texas LLC represented the tenant in the deal.
Players
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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