WIS International Leases Office Space At 1921 State Highway 121 In Lewisville
1921 Texas Highway 121, Lewisville, Texas 75056, United States
Building Size
70,996 SF
Asset Type
Office
Closing
Apr 27, 2022
AI
The leased property located at 1921 State Highway 121 in Lewisville has been transacted. This office space spans approximately 70,996 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Date: 04/28/2022
- Address: 1921 State Highway 121, Lewisville
- Market: Lewisville
- Landlord: Bright Realty
- Tenant: WIS International
The landlord, Bright Realty, facilitated the lease transaction, while WIS International became the tenant. The landlord's representatives from JLL were Lauren Halstedt, Ashley Curry, and James Esquivel. The tenant was represented by Robbie Baty and Mike Wyatt from Cushman & Wakefield.
Players
Carrollton 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