Cytracom Signs 30,000 Square Foot Lease At 7300 Texas Highway 121 In McKinney
7300 Texas Highway 121
Building Size
30,000 SF
Asset Type
Office
Closing
Oct 25, 2024
About this deal
AI
The property asset involved in the transaction is an office located at 7300 Texas Highway 121 in McKinney, Texas. This office has a total square footage of 30,000 and is situated in the McKinney market. The transaction involves a lease agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 7300 Texas Highway 121
- Market: McKinney
- Landlord: Craig International
- Tenant: Cytracom
- Broker: Kent Smith - NAI Robert Lynn
Cytracom has signed a lease for its new headquarters, which is positioned on the top floor of the property. The move is scheduled for January 2025, and Kent Smith from NAI Robert Lynn represented Cytracom in this lease transaction.
On the Map
Office
View full map
Players
McKinney Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse McKinney 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