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1921 Texas Highway 121, Lew...

WIS International Leases Office Space At 1921 State Highway 121 In Lewisville
LEASEDOffice

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

Robbie Baty

Cushman & Wakefield

Broker

8 deals

Broker
BR
Bright RealtyLandlord

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