Northridge Capital Acquires Office Property On Dallas Parkway From Admiral Capital - David Robinson
14555 Dallas North Tollway, Dallas, TX 75254, USA
Building Size
249,564 SF
Asset Type
Office
Closing
Sep 16, 2021
About this deal
AI
An office property located at 14555 Dallas Pkwy in Dallas has been sold. The property has a total area of 249,564 square feet. The transaction took place on September 16, 2021.
Summary of Transaction Details
- Property Type: Office
- Transaction Date: 09/16/2021
- Address: 14555 Dallas Pkwy
- Market: Dallas
- Size: 249,564 square feet
The buyer in the transaction was Northridge Capital, while the seller was Admiral Capital - David Robinson. The deal was facilitated by the broker, Newmark.
Traded’s record for 14555 Dallas North Tollway, Dallas, TX 75254, USA in Dallas, Texas covers a office sale from 2021. The building is 249,564 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 14555 Dallas North Tollway, Dallas, TX 75254, USA office sold: pricing, party profiles, and other closed office comps from the same Dallas sit in the Market section below. Filter that Dallas office set by closing date to see what else sold near 14555 Dallas North Tollway, Dallas, TX 75254, USA around 2021. Cite this Northridge Capital Acquires Office Property On Dallas Parkway From Admiral Capital - David Robinson sale when underwriting similar office product around Dallas, Texas.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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