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
About this deal
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.
Traded’s record for 6851 NE Loop 820, North Richland Hills, TX 76180, USA in North Richland Hills, Texas covers a office lease from 2020. Published size for 6851 NE Loop 820, North Richland Hills, TX 76180, USA is 64,646 square feet. Leigh Richter, Erik Blais, Bradford Commercial Real Estate Services appear on the lease alongside Bradford Commercial Real Estate Services. This page is the North Richland Hills, Texas file for the 6851 NE Loop 820, North Richland Hills, TX 76180, USA office leased: pricing, party profiles, and other closed office comps from the same North Richland Hills sit in the Market section below. Filter that North Richland Hills office set by closing date to see what else leased near 6851 NE Loop 820, North Richland Hills, TX 76180, USA around 2020. Cite this 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 lease when underwriting similar office product around North Richland Hills, Texas.
Players
North Richland Hills Office Market Snapshot
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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