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12222 Coit Rd Dallas, TX 75...

Bolour Associates Sells Medical Office Building In North Dallas At 12222 Coit Road
SOLDMedical Office

Bolour Associates Sells Medical Office Building In North Dallas At 12222 Coit Road

12222 Coit Rd Dallas, TX 75243, USA

Building Size

7,190 SF

Asset Type

Medical Office

Closing

Aug 9, 2023

AI

Bolour Associates has recently completed the sale of a medical office building located at 12222 Coit Road in North Dallas. The property spans a total of 7,190 square feet and is situated in a prime location within the Dallas market.

Summary of transaction details

Weitzman, a prominent brokerage firm, acted as the seller's representative in this transaction. Meanwhile, the undisclosed buyer was represented by NAI Robert Lynn. The identities of the buyer and other specific details regarding the transaction have not been revealed at this time.

Players

David Zoller

Weitzman⁠

Broker

6 deals

Broker
Bolour Associates
Bolour AssociatesSeller
Bolour Associates
Bolour AssociatesLender

Dallas Medical Office Market Snapshot

Boundary boundary · Medical 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