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10670 N Central Expy, Dalla...

Uhalt Investments Acquires Office Building In North Dallas For 155k SF
SOLDOffice

Uhalt Investments Acquires Office Building In North Dallas For 155k SF

10670 N Central Expy, Dallas, TX, USA

Building Size

155,000 SF

Asset Type

Office

Closing

Nov 29, 2021

AI

A 155,000 square-foot office property located at 10670 N Central Expy in North Dallas has been sold in a recent transaction. The sale took place on November 29, 2021. The property was listed by Pillar Commercial and the buyer was Uhalt Investments. The transaction was facilitated by brokers Creighton Stark and Chris Boyd from Colliers.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 10670 N Central Expy
  • Market: North Dallas
  • Size: 155,000 square feet

This transaction involved the sale of a prominent office property in North Dallas. The property, located at 10670 N Central Expy, offers a spacious area of 155,000 square feet. The sale was completed on November 29, 2021. Uhalt Investments acquired the property from Pillar Commercial. The successful deal was facilitated by Creighton Stark and Chris Boyd, who represented the buyer and seller respectively, through their brokerage firm Colliers.

Players

Chris Boyd

Colliers

Broker

5 deals

Broker
UI
Uhalt InvestmentsBuyer
PC
Pillar CommercialSeller

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