Stockdale Investment Group Acquires Mixed-Use Property In Dallas From CIM Group
3001 Knox Street, Dallas, Texas 75205, United States
Building Size
85,000 SF
Asset Type
Mixed-use
Closing
Mar 14, 2022
AI
A mixed-use property located at 3001 Knox St in Dallas has been sold in a recently closed transaction. The property spans approximately 85,000 square feet and features a combination of commercial and residential spaces.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not available
- Date: 03/15/2022
- Market: Dallas
The buyer of the property is Stockdale Investment Group, while CIM Group acted as the seller. The transaction was facilitated by Ryan Shore from JLL, who served as the broker for both parties involved.
Players
Dallas Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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