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3550 Parkwood Blvd, Frisco,...

Action Behavior Center Leases 5,437 SF Office Space At 3550 Parkwood Drive In Frisco
LEASEDOffice

Action Behavior Center Leases 5,437 SF Office Space At 3550 Parkwood Drive In Frisco

3550 Parkwood Blvd, Frisco, TX 75034, USA

Building Size

54,370 SF

Asset Type

Office

Closing

Aug 23, 2020

AI

The office property located at 3550 Parkwood Drive in Frisco has recently been leased. The lease transaction was completed on August 24, 2020. The property spans 5,437 square feet and is owned by an undisclosed entity.

Summary of transaction details:

  • Property Type: Office
  • Tenant: Action Behavior Center
  • Broker: Court Powell - Structure Commercial
  • Market: Frisco

Action Behavior Center, a yet to be described entity, has leased the office space at 3550 Parkwood Drive in Frisco. The lease transaction was facilitated by Court Powell of Structure Commercial. No additional information is available regarding the lease terms or the nature of the tenant's business.

Players

Court Powell

Broker

3 deals

Broker
AC
Action Behavior CenterTenant

Frisco 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