Chang Long Investment Corp. Acquires Dallas Office Building On Ford Rd With Colliers International
12005 Ford Road, Dallas, TX 75234, USA
Building Size
161,182 SF
Asset Type
Office
Closing
Sep 24, 2021
About this deal
AI
The office property located at 12005 Ford Rd in Dallas has been sold in a recent transaction. The property spans a total area of 161,182 square feet, offering ample space for various office activities. The sale took place on September 24, 2021, with the buyer being Chang Long Investment Corp.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12005 Ford Rd, Dallas
- Market: Dallas
- Square Footage: 161,182
Colliers International represented the buyer, Chang Long Investment Corp., in this office property transaction. They played a crucial role in facilitating the deal and ensuring a successful outcome for both parties involved.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
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