Bradford Cos. Acquires Office In Dallas For 260,000 SF
10440 North Central Expressway, Dallas, TX 75231
Building Size
260,000 SF
Asset Type
Office
Closing
Jan 11, 2022
AI
An office property located at 10440 North Central Expressway in Dallas has been sold in a recent transaction. The property spans over 260,000 square feet and belongs to the asset type of Office.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 01/11/2022
The buyer in this transaction is Bradford Cos., represented by Richmond Collinsworth. The sale of the property was facilitated by brokers Creighton Stark and Chris Boyd from Colliers.
Players
Dallas Office Market Snapshot
Boundary boundary · 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