Ryon Real Estate Investment Services Facilitates $7M STNL Office Sale In Argyle
125 Farm to Market 407
Office
24,000 SF
24,000 SF
Sold 1 year ago
Summary
Located in Argyle's market, this office property at 125 FM 407 has recently been sold. The transaction, represented by Matt Ryon from Ryon Real Estate Investment Services, was closed on 07/07/2022. The property spans across 24,000 square feet and was listed for sale with an asking price of $7,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,000,000
- Address: 125 FM 407
- Market: Argyle
- Asset Type: Office
- Square Footage: 24,000
This STNL (single-tenant, net-leased) office sale had a net operating income (NOI) of $372,000. With approximately 5 years remaining on the lease, the transaction was successfully facilitated by Matt Ryon, representing both the buyer and the seller.
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125 Farm to Market 407
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