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1401 Nolan Ryan Expressway

Fort Capital Leases 111409 SF Office Space To UFL At 1401 Nolan Ryan Expressway Arlington
LEASEDOffice

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:

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

Kolby Dickerson

TXRE Properties

Broker

4 deals

Broker

Arlington 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

793150.00%

Cash-on-Cash

-226684.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93