Firefly Capital Group LLC Signs Long-Term Lease At Offices At Travis Walk In Dallas
4514 Travis Street
Building Size
2,350 SF
Asset Type
Office
Closing
Mar 3, 2025
AI
The transaction involves a lease for an office space measuring 2,350 square feet, located at 4514 Travis Street in the Dallas market. The asset is part of the fully leased Offices at Travis Walk, situated in the Knox Street District.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4514 Travis Street
- Market: Dallas
- Landlord: Travis Walk LLC
- Tenant: Firefly Capital Group LLC
- Brokers: Erik Blais & Richmond Collinsworth - Bradford Commercial Real Estate Services
- Occupancy Date: May 2025
Representing the landlord in this transaction were Erik Blais and Richmond Collinsworth from Bradford Commercial Real Estate Services. Firefly Capital Group LLC has committed to a long-term lease in this mixed-use property.
Players
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