LEASEDOffice
Family Office Leases 64,646 SF Office Space At 6851 NE Loop 820 In North Richland Hills With Brokers Leigh Richter & Erik Blais – Bradford Commercial Real Estate Services
6851 NE Loop 820, North Richland Hills, TX 76180, USA
Building Size
64,646 SF
Asset Type
Office
Closing
Aug 17, 2020
AI
The office property located at 6851 NE Loop 820 in North Richland Hills has been leased.
Summary of transaction details
- Property Type: Office
- Transaction Date: 08/18/2020
- Address: 6851 NE Loop 820
- Market: North Richland Hills
- Square Footage: 64,646
The landlord for this leased property is Family Office. The deal was facilitated by Leigh Richter and Erik Blais from Bradford Commercial Real Estate Services.
Players
North Richland Hills 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