Rise Power Leases 4,706 SF Office Space At 651 North Plano Road, Richardson
LEASED
Texas
See Similar DealsRetail73,630 SF
Leased 08/13/2020
LEASED
Rise Power Leases 4,706 SF Office Space At 651 North Plano Road, Richardson
651 N Plano Rd, Richardson, TX 75081, USA
See Similar DealsRetail73,630 SF
Leased 08/13/2020
Summary
TEXAS
Asset Type:Retail
Total Square Footage:73,630 SF
Transaction Type:Lease
The office property located at 651 North Plano Road in Richardson has been leased. The lease transaction was finalized on August 13, 2020. The property spans a total area of 4,706 square feet.
Summary of transaction details
- Property Type: Office
- Tenant: Rise Power
- Landlord: Hartman Income REIT
- Tenant's Representative: Taylor Stell - Lee & Associates
- Landlord's Representative: Demarcus Owens
- Market: Richardson
Taylor Stell from Lee & Associates represented the tenant, Rise Power, in this lease transaction. Demarcus Owens served as the landlord's representative.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,220,427.17
Total Lease Value
$42,204,271.69
Net Landlord Cash Flow$4,220,427.17
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