Lee & Associates Facilitates Tuesday Morning's 105,000 SF Office Lease In Dallas
6250 Lyndon B Johnson Fwy, Dallas, T...
Building Size
105,000 SF
Asset Type
Office
Closing
Jan 20, 2021
About this deal
AI
The property involved in the transaction is a 105,000 square foot office building located at 6250 Lyndon B Johnson Freeway in Dallas. The building, constructed in 1969, serves as the corporate headquarters for Tuesday Morning.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Address: 6250 Lyndon B Johnson Freeway, Dallas, TX
- Market: Dallas
- Tenant: Tuesday Morning
- Landlord: Pennybacker Capital
- Square Feet: 105,000
Stephen Williamson from Lee & Associates, along with Adam Graham, represented the partners in the lease agreement with Tuesday Morning, solidifying the deal for the corporate headquarters at 6250 Lyndon B Johnson Freeway in Dallas.
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