Ally Financial Signs 10-Year Lease At Office Building In Lewisville
2911 Lake Vista Drive, Lewisville, TX, USA
Building Size
163,336 SF
Asset Type
Office
Closing
Dec 14, 2020
AI
Ally Financial has recently signed a 10-year lease for a 163,336 square foot office space located at 2911 Lake Vista Drive in Lewisville. The property is owned by City Office REIT. This lease agreement was finalized on December 15, 2020.
Summary of transaction details:
- Property Type: Office
- Tenant: Ally Financial
- Landlord: City Office REIT
- Date: 12/15/2020
- Market: Lewisville
- Square Footage: 163,336
This transaction marks the collaboration between Ally Financial and City Office REIT, with Ally Financial securing a long-term lease for this office space in Lewisville.
Players
Lewisville 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