facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Office

/

Lease

/

500 N Coit Rd, Richardson, ...

Hartman Income REIT Leases 2,051 SF Office Space In Richardson To Susan Aten
LEASEDOffice

Hartman Income REIT Leases 2,051 SF Office Space In Richardson To Susan Aten

500 N Coit Rd, Richardson, TX 75080, Estados Unidos

Building Size

20,510 SF

Asset Type

Office

Closing

Sep 23, 2020

AI

An office property located at 500 N. Coit Road in Richardson has been leased. The transaction was finalized on September 24, 2020. The property, spanning 2,051 square feet, was leased to Susan Aten. The landlord in this deal is Hartman Income REIT. Kat Morrison, from agency, represented the tenant as the broker.

Summary of Transaction Details

  • Property Type: Office
  • Tenant: Susan Aten
  • Landlord: Hartman Income REIT
  • Broker: Kat Morrison - agency
  • Square Footage: 2,051

This transaction highlights the successful lease of an office space in Richardson. Susan Aten, the tenant, will occupy the leased property at 500 N. Coit Road. The deal was facilitated by Kat Morrison from agency, who represented Susan Aten in this lease agreement.

Players

Kat Morrison

Broker

1 deal

Broker
HR
Hartman Income REITLandlord

Richardson 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