Nguyen Office PLLC Leases 4,671 SF Office Space At 2929 Allen Parkway In Houston With Tenant's Rep D.J. Hale And Landlord's Rep Kristin Rabel
2929 Allen Pkwy, Houston, TX 77019, USA
Building Size
4,671 SF
Asset Type
Office
Closing
Aug 23, 2023
AI
The property involved in this lease transaction is a 4,671 square foot office located at 2929 Allen Parkway in Houston. The building in which the office is situated is a 43-story structure that was constructed in 1982.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Square Footage: 4,671
- Address: 2929 Allen Parkway, Houston
Oxford Partners, represented by D.J. Hale, secured a lease for the office space at 2929 Allen Parkway. On the other side of the transaction, Kristin Rabel of CBRE represented the landlord. The details of the agreement between the tenant, Nguyen Office PLLC, and the landlord were not disclosed.
Players
Union 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