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3400 Waterview Pkwy, Richar...

EXFO America, Inc. Signs Lease For 8,282 SF Office Space In Richardson, North Central Dallas, Brokered By Stream Realty Partners And NAI Robert Lynn
LEASEDOffice

EXFO America, Inc. Signs Lease For 8,282 SF Office Space In Richardson, North Central Dallas, Brokered By Stream Realty Partners And NAI Robert Lynn

3400 Waterview Pkwy, Richardson, TX 75080, USA

Building Size

8,282 SF

Asset Type

Office

Closing

Jun 8, 1920

AI

3400 Waterview Parkway is an office property located in Richardson, North Central Dallas. The property was involved in a lease transaction on June 9, 2020.

Summary of transaction details

  • Property Type: Office
  • Tenant: EXFO America, Inc. – Philippe Morin
  • Landlord: 3400 Waterview LLC
  • Broker: Stream Realty Partners – Matt Wieser & Ryan Evanich, NAI Robert Lynn – Kent Smith
  • Square Footage: 8,282

The lease transaction at 3400 Waterview Parkway involved EXFO America, Inc., with Philippe Morin as their representative. The landlord of the property is 3400 Waterview LLC. The deal was facilitated by brokers from Stream Realty Partners, Matt Wieser, and Ryan Evanich, as well as Kent Smith from NAI Robert Lynn.

Players

Kent Smith

NAI Global

Broker

7 deals

Broker

Richardson 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