LEASEDOffice
Ascent Solutions Leases 33,000 SF Office Space At 2999 Olympus Blvd In Coppell
2999 Olympus Boulevard, Coppell, Texas 75019, United States
Building Size
33,000 SF
Asset Type
Office
Closing
Jun 1, 2022
AI
The transaction involves a lease of an office space located at 2999 Olympus Blvd in Coppell. The property spans approximately 33,000 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Date: 06/02/2022
- Address: 2999 Olympus Blvd, Coppell
- Tenant: Ascent Solutions
- Landlord: Billingsley Co
Cribb Altman from JLL and Shannon Reilly from Reilly Commercial represented Ascent Solutions as their brokers in the lease deal.
Players
Coppell 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