American Honda Finance Corp. Leases Office Space In Irving To Accesso
3625 West Royal Lane, Irving, TX 75063, USA
Building Size
99,927 SF
Asset Type
Office
Closing
Apr 13, 2021
AI
An office property located at 3625 W. Royal Lane in Irving has been leased. The property spans across 99,927 square feet. The tenant, American Honda Finance Corp., represented by Toshihiro Mibe and Shinji Aoyama, has leased the space from the landlord, Accesso, represented by Steve Brown.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not Available
- Address: 3625 W. Royal Lane
- Market: Irving
The lease agreement was facilitated by CBRE on behalf of the tenant. The landlord was represented by John Brownlee and Michael Williams of JLL.
Players
Irving 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