AAG Leases 18,000 SF Office Space In Addison With Brokers Ezra Stone & Sarah Catherine Alford - Vista Holdings
15800 Dooley Road, Addison, Texas 75001, United States
Building Size
18,000 SF
Asset Type
Office
Closing
May 4, 2022
AI
An office property located at 15800 Dooley Rd in Addison has been leased. The property spans approximately 18,000 square feet and is owned by Dooley Road Partners. The tenant, AAG, has entered into the lease agreement.
Summary of transaction details
- Property Type: Office
- Transaction Date: 05/05/2022
- Address: 15800 Dooley Rd, Addison
- Market: Addison
- Square Footage: 18,000
Ezra Stone and Sarah Catherine Alford from Vista Holdings represented both the landlord, Dooley Road Partners, and the tenant, AAG, in this lease transaction.
Players
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