Strike Construction LLC Leases 43,230 SF Office Space At 460 Wildwood Forest Dr. In Spring
460 Wildwood Forest Drive, Spring, Texas 77380, United States
Building Size
43,230 SF
Asset Type
Office
Closing
Feb 23, 2022
AI
A lease transaction has taken place at 460 Wildwood Forest Dr. in Spring. The property involved is an office space spanning 43,230 square feet. The deal was finalized on February 24, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 460 Wildwood Forest Dr.
- Market: Spring
- Square Footage: 43,230
Strike Construction LLC is the tenant in this lease transaction. For the landlord, CBRE's Steve Rocher and Jason Presley were the representatives. On the tenant's side, NAI Partners' Jon Silberman and Pierce Beyer acted as the representatives.
Players
Spring Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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