Churchill Communities Leases Office Space At 5605 North Macarthur Boulevard In Irving
5605 N MacArthur Blvd, Irving, TX 75038, USA
Building Size
43,770 SF
Asset Type
Office
Closing
Aug 12, 2020
About this deal
AI
The Office property located at 5605 North Macarthur Boulevard in Irving has been leased. The transaction was finalized on August 13, 2020.
Summary of transaction details
- Property Type: Office
- Tenant: Churchill Communities
- Tenant's Representative: Clay Vaughn & Preston Lynn - CBRE
- Landlord's Representative: Matt Hurlbut - Transwestern
- Square Footage: 4,377
Clay Vaughn and Preston Lynn from CBRE represented the tenant, Churchill Communities, in the deal. Meanwhile, Matt Hurlbut from Transwestern served as the landlord's representative.
Traded’s record for 5605 N MacArthur Blvd, Irving, TX 75038, USA in Irving, Texas covers a office lease from 2020. Published size for 5605 N MacArthur Blvd, Irving, TX 75038, USA is 43,770 square feet. Preston Lynn, Matt Hurlbut, Clay Vaughn, Savills appear on the lease alongside Savills, CBRE. This page is the Irving, Texas file for the 5605 N MacArthur Blvd, Irving, TX 75038, USA office leased: pricing, party profiles, and other closed office comps from the same Irving sit in the Market section below. Filter that Irving office set by closing date to see what else leased near 5605 N MacArthur Blvd, Irving, TX 75038, USA around 2020. Cite this Churchill Communities Leases Office Space At 5605 North Macarthur Boulevard In Irving lease when underwriting similar office product around Irving, Texas.
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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