University Of Texas Southwestern Medical Center Leases Medical Facility At 3000-3030 Waterview Parkway In Richardson With Landlord GI Partners
3000 Waterview Pkwy, Richardson, TX 75080, USA
Building Size
48,770 SF
Asset Type
Other
Closing
Jul 29, 2020
AI
The University of Texas Southwestern Medical Center has leased a medical facility located at 3000-3030 Waterview Parkway in Richardson, Texas. The facility spans a total area of 48,770 square feet. The lease transaction was facilitated by brokers Matt Wieser and Ramsey March of Stream Realty Partners. The landlord of the property is GI Partners.
Summary of transaction details
- Property Type: Medical Facility
- Tenant: The University of Texas Southwestern Medical Center
- Landlord: GI Partners
- Brokers: Matt Wieser and Ramsey March – Stream Realty Partners
- Square Footage: 48,770
- Address: 3000-3030 Waterview Parkway, Richardson, Texas
The lease transaction between The University of Texas Southwestern Medical Center and GI Partners took place on July 30, 2020. Matt Wieser and Ramsey March, representing Stream Realty Partners, played a crucial role in facilitating the deal.
Players
Richardson Other Market Snapshot
Boundary boundary · Other · 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