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4505 Mcewen Road

Rogue Athletics Renews 25295 Square Foot Lease At 4505 McEwen Road In Farmers Branch
LEASEDOffice

Rogue Athletics Renews 25295 Square Foot Lease At 4505 McEwen Road In Farmers Branch

4505 Mcewen Road

Building Size

25,295 SF

Asset Type

Office

Closing

Aug 19, 2024

AI

The property involved in the transaction is an office space located at 4505 McEwen Road in Farmers Branch, encompassing a total area of 25,295 square feet. This asset has been occupied by Rogue Athletics since 2013, indicating a stable presence in the market.

Summary of transaction details:

Rogue Athletics has renewed its lease for the aforementioned office space, highlighting their ongoing commitment to the location. Grant Rickertsen and Paul Clarkson of Citadel Partners represented Rogue Athletics in this lease renewal transaction.

Players

Paul Clarkson

Citadel Partners

Broker

2 deals

Broker

Dallas 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