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4400 Post Oak Parkway

Updated Oct 29, 2024

Weaver And Tidwell, L.L.P Leases Office Space In Houston's 4400 Post Oak Pkwy From CP Group
LEASEDOffice

Weaver And Tidwell, L.L.P Leases Office Space In Houston's 4400 Post Oak Pkwy From CP Group

4400 Post Oak Parkway

Building Size

60,000 SF

Asset Type

Office

Closing

Aug 21, 2021

About this deal

AI

The office property located at 4400 Post Oak Pkwy in Houston was recently leased. The lease transaction took place on August 21, 2021, between the tenant, Weaver and Tidwell, L.L.P, represented by Jeanne Smith, and the landlord, CP Group. The office space has a total area of 60,000 square feet.

Summary of transation details

  • Property Type: Office
  • Transaction Date: 08/21/2021
  • Address: 4400 Post Oak Pkwy, Houston
  • Tenant: Weaver and Tidwell, L.L.P - Jeanne Smith
  • Landlord: CP Group

The lease agreement was facilitated by Jeanne Smith, the representative for Weaver and Tidwell, L.L.P. The office space at 4400 Post Oak Pkwy provides ample room for the tenant's operations. The deal between the tenant and the landlord, CP Group, highlights their mutual agreement on the leasing terms.

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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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