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2100 West Walnut Hill Lane

Singer Equities Signs 15,294-SF Lease At Cottonwood Office Center In Irving
LEASEDOffice

Singer Equities Signs 15,294-SF Lease At Cottonwood Office Center In Irving

2100 West Walnut Hill Lane & 2120 West Walnut Hill Lane

Building Size

30,588 SF

Asset Type

Office

Closing

May 21, 2024

AI

The lease transaction involved an office asset located at 2100–2120 West Walnut Hill Lane in Irving. The property spans 15,294 square feet and is situated in the Cottonwood Office Center.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 2100–2120 West Walnut Hill Lane
  • Market: Irving

John Dickenson and Paul Hernandez from Holt Lunsford Commercial represented Capital Commercial Investments, the landlord in the deal, while Brad Lipton of Mohr Partners served as Singer Equities' representative during the lease signing.

Players

Paul Hernandez

Holt Lunsford Commercial

Broker

3 deals

Broker

Irving 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