OptumServe Leases 4,043 SF Office Space In League City
3033 Marina Bay Drive, League City, Texas 77573, United States
Building Size
4,043 SF
Asset Type
Office
Closing
Mar 21, 2022
AI
The office building located at 3033 Marina Bay Dr in League City has been leased. The property spans 4,043 square feet and is owned by LH Harbour Square LLC. The tenant for this lease is OptumServe, a company that provides healthcare solutions. The lease transaction was facilitated by NAI Partners, with Jason Gaines representing the landlord and Michael Manella representing the tenant.
Summary of transaction details
- Property Type: Office
- Transaction Date: 03/22/2022
- Address: 3033 Marina Bay Dr
- Market: League City
- Square Footage: 4,043
Jason Gaines from NAI Partners acted as the representative for LH Harbour Square LLC, the landlord in this lease agreement. On the other hand, Michael Manella also from NAI Partners represented OptumServe, the tenant. This successful lease transaction brings together two parties to meet their respective needs in the League City area.
Players
League City 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