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225 E John Carpenter Fwy, I...

Parmenter Realty Partners Leases Office Space To Kimley-Horn In Irving
LEASEDOffice

Parmenter Realty Partners Leases Office Space To Kimley-Horn In Irving

225 E John Carpenter Fwy, Irving, TX 75062, USA

Building Size

25,767 SF

Asset Type

Office

Closing

Oct 28, 2022

AI

The property involved in this lease transaction is an office space located at 225 E John Carpenter Fwy in Irving. The property spans approximately 25,767 square feet.

Summary of transaction details

  • Property Type: Office
  • Date: 10/28/2022
  • Address: 225 E John Carpenter Fwy
  • Market: Irving
  • Square Footage: 25,767

Parmenter Realty Partners is the landlord in this lease deal. The tenant of the property is Kimley-Horn. Rodney Helm, Zach Bean, and Chris Taylor from Cushman & Wakefield serve as the landlord's representatives.

Players

Zach Bean

Cushman & Wakefield

Broker

6 deals

Broker
PP
Parmenter Realty PartnersLandlord
K
Kimley-HornTenant

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