Transwestern Brokers Lease For RPMxConstruction At 5208 Tennyson Parkway In Plano, Dallas
5208 Tennyson Pkwy, Plano, TX 75024, USA
Building Size
128,730 SF
Asset Type
Office
Closing
Jun 3, 2020
AI
A lease transaction was recently completed in Plano's office market. The property involved in the deal is located at 5208 Tennyson Parkway in Dallas. The leased space spans a total of 12,873 square feet.
Summary of transaction details
- Property Type: Office
- Tenant: RPMxConstruction
- Date: 06/04/2020
- Address: 5208 Tennyson Parkway, Dallas
- City: Dallas
- Market: Plano
- Broker: Transwestern – Justin Miller & Kim Brooks, David Balogun, & Morrow Hill
The lease was facilitated by the brokerage firm Transwestern, with Justin Miller, Kim Brooks, David Balogun, and Morrow Hill handling the deal. RPMxConstruction is the tenant that secured the lease for the property.
Players
Plano 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