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4815 Keller Springs Rd, Add...

Updated Oct 29, 2024

Elm Planning Leases 1,929 SF Office Space At 4815 Keller Springs Road In Addison
LEASEDOffice

Elm Planning Leases 1,929 SF Office Space At 4815 Keller Springs Road In Addison

4815 Keller Springs Rd, Addison, TX 75001, USA

Building Size

19,290 SF

Asset Type

Office

Closing

Jul 22, 2020

About this deal

AI

Located at 4815 Keller Springs Road in Addison, this office space has been leased by Elm Planning. The lease transaction was finalized on July 23, 2020. The property spans over 1,929 square feet and is owned by Keller Springs. Sara Bodzy from TIG Real Estate represented Elm Planning as their tenant's representative, while Suzanna Dryden Jensen from Dryden Company represented Keller Springs as the landlord's representative.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not available
  • Tenant: Elm Planning
  • Landlord: Keller Springs
  • Square Footage: 1,929
  • Tenant's Rep: Sara Bodzy - TIG Real Estate
  • Landlord's Rep: Suzanna Dryden Jensen - Dryden Company

This lease transaction in Addison involved Elm Planning leasing an office space at 4815 Keller Springs Road. The deal was facilitated by Sara Bodzy from TIG Real Estate, who represented Elm Planning as their tenant's representative. On the other side, Suzanna Dryden Jensen, from Dryden Company, acted as the landlord's representative for Keller Springs.

Players

Addison 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

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