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

/

5566 Main St, Frisco, TX 75...

Striped Box Boutique Leases Office Space In Frisco At 5566 Main Street
LEASEDOffice

Striped Box Boutique Leases Office Space In Frisco At 5566 Main Street

5566 Main St, Frisco, TX 75033, USA

Building Size

14,550 SF

Asset Type

Office

Closing

Aug 23, 2020

AI

The office located at 5566 Main Street in Frisco has been leased. The lease transaction was completed on August 24, 2020. The property is a total of 1,455 square feet and belongs to the office asset type. The tenant, Striped Box Boutique, has acquired the lease for this property.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: August 24, 2020
  • Address: 5566 Main Street
  • Market: Frisco
  • Tenant: Striped Box Boutique
  • Tenant's Representative: Kelly Lyons - TIG
  • Landlord's Representative: World Cup Management
  • Square Footage: 1,455

During the leasing process, the tenant was represented by Kelly Lyons from TIG, while the landlord was represented by World Cup Management.

Players

Kelly Lyons

Monument Realty

Broker

1 deal

Broker

Frisco 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