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460 Wildwood Forest Drive, ...

Strike Construction LLC Leases 43,230 SF Office Space At 460 Wildwood Forest Dr. In Spring
LEASEDOffice

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

Jon Silberman

Partners Real Estate

Broker

12 deals

Broker

Spring 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