Newmark Represents TXRE In Sale Of 156,000 SF Office Property On W Mockingbird Ln, Dallas
1420 West Mockingbird Lane, Dallas, Texas 75247, United States
Building Size
156,000 SF
Asset Type
Office
Closing
Jun 19, 2022
About this deal
AI
The office property located at 1420 W Mockingbird Ln in Dallas has recently been sold. The property spans 156,000 square feet and sits on a 6.7-acre lot. The transaction took place on June 20, 2022. The seller of the property was TXRE.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1420 W Mockingbird Ln, Dallas
- Market: Dallas
- Square Footage: 156,000
- Lot Size: 6.7 acres
The broker representing TXRE in this transaction was Chris Murphy of Newmark. They played a key role in facilitating the deal between the buyer and seller.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas office sales on Traded.
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