Ryon Real Estate Investment Services Facilitates $7M STNL Office Sale In Argyle
SOLD
Texas
See Similar DealsOffice24,000 SF
Sold 07/07/2022
SOLD
Ryon Real Estate Investment Services Facilitates $7M STNL Office Sale In Argyle
125 East Fm 407, Argyle, Texas 76226, United States
See Similar DealsOffice24,000 SF
Sold 07/07/2022
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:24,000 SF
Transaction Type:Sale
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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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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