Munsch Hardt Kopf & Harr Leases 77,009 SF Office Space In Dallas
500 North Akard Street
Building Size
77,009 SF
Asset Type
Office
Closing
Aug 1, 2022
AI
The property involved in this closed lease transaction is an office space located at 500 N. Akard St in Dallas. It spans a total area of 77,009 square feet and was leased for a duration of 15 years. The lease terms were not further specified in the available information.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not available
- Address: 500 N. Akard St, Dallas
- Market: Dallas
- Landlord: HPI Real Estate Services & Investments
- Tenant: Munsch Hardt Kopf & Harr
The leasing of this office space at 500 N. Akard St in Dallas was facilitated by the brokerage firm Stream Realty Partners, with representatives Craig Wilson, Dan Harris, Randy Cooper, and Tim Terrell representing the tenant, Munsch Hardt Kopf & Harr.
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