Cody Payne, Colliers International Brokers Sale Of 41,661 SF Office Property In Irving
1304 West Walnut Hill Lane, Irving, TX 75038, USA
Building Size
41,661 SF
Asset Type
Office
Closing
Jul 12, 2020
AI
An office property located at 1304 W Walnut Hill Ln in Irving has been sold recently. The property spans across an area of 41,661 square feet and sits on a 2.1-acre lot. The transaction was facilitated by Cody Payne of Colliers International, who served as the broker in the deal. The sale took place on July 12, 2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Irving
- Address: 1304 W Walnut Hill Ln
- Size: 41,661 square feet
- Acreage: 2.1 acres
Cody Payne, representing Colliers International, played a vital role in facilitating this transaction. Further details regarding the specific terms and parties involved have not been disclosed.
Players
Irving 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