Ledsion Lighting LLC Leases Office Space In Dallas At 9244 Markville Dr
9244 Markville Drive, Dallas, Texas 75243, United States
Building Size
25,730 SF
Asset Type
Office
Closing
Jan 30, 2023
AI
The leased property is an office space located at 9244 Markville Dr in Dallas. The property spans a total of 25,730 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Date: 01/30/2023
- Market: Dallas
- Address: 9244 Markville Dr
- Square Footage: 25,730
Medisen College of Biomedical Engineering Technology acted as the landlord in the lease transaction. Ledsion Lighting LLC, on the other hand, served as the tenant for the property. Collin Rock represented the landlord and is affiliated with Cushman & Wakefield. Joe Santaularia, from Bradford Commercial Real Estate Services, acted as the representative for the tenant.
Players
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