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6801 Gaylord Parkway

Chobani LLC Leases 28,674 SF Office At The Tower At HALL Park In Frisco
LEASEDOffice

Chobani LLC Leases 28,674 SF Office At The Tower At HALL Park In Frisco

6801 Gaylord Parkway

Building Size

28,674 SF

Asset Type

Office

Closing

Jan 30, 2025

AI

The property involved in this transaction is an office asset located at 6801 Gaylord Parkway in Frisco, encompassing a total of 28,674 square feet. The lease was signed on January 30, 2025, by Chobani LLC, which is relocating from Plano.

Summary of transaction details:

The representatives for the landlord, HALL Group, in this transaction include Brad Gibson, Kim Butler, and Rena Padachy. For the tenant, Chobani LLC, the representation was provided by Lee Wagner of Site Selection Group and Tim Stewart of TaTonka Real Estate Advisors.

Players

Brad Gibson

HALL Park

Broker

3 deals

Broker
Capstone Companies
Capstone CompaniesBrokerage

Craig Hall

Hall Group

Landlord

$76.3M

vol

3 deals

Landlord

Frisco 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