Stream Realty Partners Sells 104,427 SF Office Building On 9.6 Acres In Dallas
1460 Round Table Drive, Dallas, TX, USA
Building Size
104,427 SF
Asset Type
Office
Closing
Jan 7, 2021
AI
The office property located at 1460 Round Table Drive in Dallas has been sold in a recent transaction. The property, spanning 104,427 square feet and situated on 9.6 acres of land, was part of the sale.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1460 Round Table Drive
- Market: Dallas
- Square Footage: 104,427
- Acres: 9.6
The deal was orchestrated by brokers Jamie Jennings, Andrew Rabinovich, and Jason Moser of Stream Realty Partners. They acted as representatives for the involved parties, facilitating the sale of the office property.
Players
Dallas 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