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2021 Mckinney Ave, Dallas, ...

Updated Dec 20, 2023

Allegheny Technologies Inc Leases 15,000 SF Office Space At 2021 McKinney Ave In Dallas
LEASEDOffice

Allegheny Technologies Inc Leases 15,000 SF Office Space At 2021 McKinney Ave In Dallas

2021 Mckinney Ave, Dallas, Texas 75201, United States

Building Size

15,000 SF

Asset Type

Office

Closing

Jun 24, 2022

About this deal

AI

The leased property at 2021 McKinney Ave in Dallas has been successfully transacted. The property is an office space with a total area of 15,000 square feet. Allegheny Technologies Inc, represented by Stefani Pashman, has leased the space.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: 06/25/2022
  • Address: 2021 McKinney Ave, Dallas
  • Market: Dallas
  • Tenant: Allegheny Technologies Inc
  • Tenant's Representative: Stefani Pashman - N/A

This lease transaction marks an important milestone for Allegheny Technologies Inc, as they secure an office space in Dallas. Stefani Pashman played a crucial role in representing the tenant throughout the negotiation and leasing process. This endeavor provides Allegheny Technologies Inc with a strategic location in the heart of the city, allowing them to expand their operations and further contribute to the local economy.

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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

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