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
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