Peloton Leases 103,750 SF Office Space At 6500 Chase Oaks Blvd In Plano With Tenant's Rep Baron Aldrine & Michael Conner - CBRE And Landlord's Rep Nathan Durham & Duane Henley - Transwestern
6500 Chase Oaks Boulevard, Plano, TX, USA
Building Size
103,750 SF
Asset Type
Office
Closing
Dec 9, 2020
About this deal
AI
An office space located at 6500 Chase Oaks Boulevard in Plano was leased on December 10, 2020. The property has a total square footage of 103,750 and is owned by Regent Properties.
Summary of transaction details
- Property Type: Office
- Tenant: Peloton
- Tenant's Representative: Baron Aldrine & Michael Conner - CBRE
- Landlord: Regent Properties
- Landlord's Representative: Nathan Durham & Duane Henley - Transwestern
Peloton, a well-known fitness company, secured the lease for this office space. The deal was facilitated by Baron Aldrine and Michael Conner from CBRE, representing Peloton, while Nathan Durham and Duane Henley from Transwestern represented Regent Properties.
On the Map
Office
View full map
Players
Plano Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas office leases on Traded.
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