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
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