LEASEDOffice
Biel Fisette Lacono Leases 8,102 SF Office Space At 8111 LBJ Freeway In Dallas
8111 Lyndon B Johnson Fwy, Dallas, TX 75251, USA
Building Size
8,102 SF
Asset Type
Office
Closing
Sep 9, 2020
AI
The office property located at 8111 LBJ Freeway in Dallas has been leased. The transaction took place on September 10, 2020.
Summary of transaction details
- Property Type: Office
- Address: 8111 LBJ Freeway
- Square Footage: 8,102
- Market: Dallas
The tenant, Biel Fisette Lacono, has entered into a 7-year lease for the property. The landlord in this transaction is Hartman Income REIT. The lease was facilitated by Jessica Cyphers, representing the tenant as their broker.
Players
HR
Hartman Income REITLandlord
Dallas 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