Catapult Health Leases Office Space At 5294 Belt Line Road In Dallas
5294 Belt Line Road, Dallas, TX, USA
Building Size
30,656 SF
Asset Type
Office
Closing
Jan 25, 2021
AI
The office property located at 5294 Belt Line Road in Dallas has been leased. The property spans 30,656 square feet and sits on 16 acres.
Summary of transaction details
- Property Type: Office
- Address: 5294 Belt Line Road, Dallas
- Square Footage: 30,656
- Acres: 16
The tenant for this lease is Catapult Health, represented by David Michel. The landlord is Northwood Investors LLC. The tenant's representative in the deal is Michael Griffin from Transwestern, while the landlord is represented by Trey Smith, Lauren Napper, and Ward Eastman from CBRE.
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