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400 E Las Colinas Blvd, Irv...

Updated Oct 29, 2024

G2 Secure Staff Leases 11,315 SF Office Space At 400 E. Las Colinas Blvd In Irving
LEASEDOffice

G2 Secure Staff Leases 11,315 SF Office Space At 400 E. Las Colinas Blvd In Irving

400 E Las Colinas Blvd, Irving, TX 75039, USA

Building Size

113,150 SF

Asset Type

Office

Closing

Aug 23, 2020

About this deal

AI

The property involved in the transaction is an office located at 400 E. Las Colinas Blvd in Irving. It spans a total area of 11,315 square feet. The lease transaction took place on August 24, 2020.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: August 24, 2020
  • Address: 400 E. Las Colinas Blvd
  • Market: Irving
  • Tenant: G2 Secure Staff
  • Tenant's Representatives: Lucas Kay, Garrett Gibbons Jr., Reggie Beavan III, Andy Iverson, Chris Mason, John Beach, & Trace Elrod
  • Square Footage: 11,315

G2 Secure Staff, a tenant, was represented by Lucas Kay, Garrett Gibbons Jr., Reggie Beavan III, Andy Iverson, Chris Mason, John Beach, and Trace Elrod in the lease transaction.

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

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