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8080 Tristar Dr, Irving, TX...

8080 Tristar Dr
LEASEDOffice

8080 Tristar Dr

8080 Tristar Dr, Irving, TX, 75063

Building Size

8,346 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is an industrial lease located at 8080 Tristar Dr, Irving, TX, 75063. The lease encompasses 8,346 square feet within a building that was constructed in 1980, which has a total size of 137,237 square feet. The transaction takes place in the Irving market.

Summary of transaction details:

This lease negotiation was facilitated by Elizabeth Jones representing the tenant, while the landlord, KFG Investments, was represented by Josh Barnes, Maddy Canty, and Canon Shoults from Holt Lunsford Commercial, highlighting the collaboration between different real estate professionals in this transaction.

Players

Josh Barnes

Holt Lunsford Commercial

Broker

11 deals

Broker
PL
Progressive Healthcare Solutions LLCTenant

Irving 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