Firstsource Healthcare Leases 50,000 SF Office Space In Coppell
9111 Cypress Waters Boulevard, Coppell, TX, USA
Building Size
50,000 SF
Asset Type
Office
Closing
Jan 21, 2021
AI
The lease transaction for an office property located at 9111 Cypress Waters Boulevard in Coppell has been recently completed. The property spans 50,000 square feet and is situated in the Coppell market.
Summary of transaction details:
- Property Type: Office
- Address: 9111 Cypress Waters Boulevard
- Market: Coppell
- Square Footage: 50,000
Firstsource Healthcare is the tenant involved in this lease transaction. The deal was facilitated by Mia Jarrell, Travis Ewert, Dylan Smith, Jihane Boury, Mary Stoner, & Stephen Rury from Colliers International, who served as the broker representatives.
Players
Coppell 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