Sol-Ark Acquires 195,000 SF Office Space In Allen
805 North Central Expressway, Allen, Texas 75013, United States
Building Size
195,000 SF
Asset Type
Office
Closing
Dec 12, 2022
About this deal
AI
The property involved in this transaction is an office space located at 805 North Central Expressway & 915 Enterprise Blvd in Allen. The office has a total square footage of 195,000 and is owned by Sol-Ark.
Summary of transaction details:
- Property Type: Office
- Address: 805 North Central Expressway & 915 Enterprise Blvd, Allen
- Market: Allen
- Tenant: Sol-Ark
- Date: 12/12/2022
- Image: Tom Brennan
Tom Brennan served as Sol-Ark's representative in this lease deal.
Traded’s record for 805 North Central Expressway, Allen, Texas 75013, United States in Allen, Texas covers a office lease from 2022. The building is 195,000 square feet, implying about 0 per square foot on the published price. This page is the Allen, Texas file for the 805 North Central Expressway, Allen, Texas 75013, United States office leased: pricing, party profiles, and other closed office comps from the same Allen sit in the Market section below. Filter that Allen office set by closing date to see what else leased near 805 North Central Expressway, Allen, Texas 75013, United States around 2022. Cite this Sol-Ark Acquires 195,000 SF Office Space In Allen lease when underwriting similar office product around Allen, Texas.
On the Map
Office
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Allen Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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