Fort Capital Leases 111409 SF Office Space To UFL At 1401 Nolan Ryan Expressway Arlington
1401 Nolan Ryan Expressway
$20
$20/SF
Building Size
111,409 SF
Asset Type
Office
Closing
Dec 20, 2024
AI
The property involved in this lease transaction is an office space located at 1401 Nolan Ryan Expressway in Arlington. The asset encompasses 111,409 square feet and is under the management of Fort Capital.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Square Footage: 111,409
- Address: 1401 Nolan Ryan Expressway
- Market: Arlington
- Lease Type: NNN Lease
- Landlord: Fort Capital
- Tenant: UFL
- Landlord's Representative: Kolby Dickerson & Sam Davis - TXRE Properties
- Tenant's Representative: Jamie Adams & Kelsi Couture - Compass
Kolby Dickerson and Sam Davis represented the landlord, Fort Capital, while Jamie Adams and Kelsi Couture represented the tenant, UFL, in this lease agreement.
Players
Arlington Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
793150.00%
Cash-on-Cash
-226684.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93