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1330 Lake Robbins Drive

Axiom Medical Consulting Renewed Lease At 1330 Lake Robbins Drive With Town Center 72 LLC
SOLDOffice

Axiom Medical Consulting Renewed Lease At 1330 Lake Robbins Drive With Town Center 72 LLC

1330 Lake Robbins Drive

Building Size

5,380 SF

Asset Type

Office

Closing

May 2, 2025

AI

The property asset involved in the transaction is an office space located at 1330 Lake Robbins Drive in The Woodlands, Texas. The asset spans a total area of 5,380 square feet and is part of a commercial market setting.

Summary of transaction details:

Axiom Medical Consulting renewed its lease at the property, with the transaction facilitated by Town Center 72, LLC as the landlord. The brokers involved in this deal are Ryan Dierker and Rob Banzhaf from Newcor Commercial Real Estate, representing the tenant, Axiom Medical Consulting.

Players

Ryan Dierker

Newcor Commercial Real Estate

Broker

2 deals

Broker

Spring Office Market Snapshot

Boundary boundary · Office · Sale 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