Lee & Associates Brokers Sale Of 29,979 SF Office Building In Allen, Texas
100 Allentown Parkway
Building Size
29,979 SF
Asset Type
Office
Closing
Dec 20, 2023
AI
A 29,979-square-foot office building located at 100 Allentown Parkway in Allen, a northeastern Dallas suburb, has been sold in a recent transaction. The buyer and seller details were not disclosed.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 29,979
- Address: 100 Allentown Parkway
- Market: Allen
The sale of the office building at 100 Allentown Parkway in Allen was brokered by George Tanghongs and Jessica Reinhardt from Lee & Associates. Lee & Associates played a significant role in facilitating the transaction, representing both the buyer and the seller.
Players
Pacific Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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