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9111 Cypress Waters Bouleva...

Firstsource Healthcare Leases 50,000 SF Office Space In Coppell
LEASEDOffice

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

Mary Stoner Yost

Colliers

Broker

2 deals

Broker
CBRE
CBREBrokerage

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