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
Irving Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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