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12222 Coit Road, Dallas, Te...

Bolour Associates Acquires 7,190 SF Office In Dallas Fort Worth With Buyer's Rep Kevin Saghian
SOLDOffice

Bolour Associates Acquires 7,190 SF Office In Dallas Fort Worth With Buyer's Rep Kevin Saghian

12222 Coit Road, Dallas, Texas 75251, United States

Building Size

7,190 SF

Asset Type

Office

Closing

Jan 20, 2022

AI

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 12222 Coit Road
  • Market: Dallas Fort Worth
  • Square Footage: 7,190 SF

Bolour Associates, a fully integrated real estate investment, development, and finance firm, has acquired a medical office in the Dallas Fort Worth market. This marks Bolour's first acquisition of a medical office in this region, and they are eager to explore more investment opportunities. With the strong population growth expected in the area, Bolour is confident that it will drive both rent growth and cap rate compression. For more information about potential opportunities in the market, interested parties can contact Kevin Saghian, the representative of Bolour Associates, at ☎️ 323-677-0550 ext.106 or 📧 [email protected].

To learn more about Bolour Associates' investment activities and their focus on value-add assets in emerging and transit-oriented neighborhoods, visit their website at bolourassociates.com/investment.

Players

David Zoller

Weitzman⁠

Broker

6 deals

Broker
Bolour Associates
Bolour AssociatesBuyer
Bolour Associates
Bolour AssociatesLender

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