Long View Equity Acquires Office At 15150 Preston Rd In Dallas
15150 Preston Road, Dallas, Texas 75248, United States
Building Size
111,286 SF
Asset Type
Office
Closing
Jan 31, 2022
About this deal
AI
The office property located at 15150 Preston Rd, 6009 & 6029 Belt Line Rd in Dallas has been sold. The property spans a total of 111,286 square feet and was sold on 02/01/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 15150 Preston Rd, 6009 & 6029 Belt Line Rd, Dallas
- Market: Dallas
- Square Footage: 111,286
The buyer of the property is Long View Equity, represented by Dan Fricks.
Traded’s record for 15150 Preston Road, Dallas, Texas 75248, United States in Dallas, Texas covers a office sale from 2022. The building is 111,286 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 15150 Preston Road, Dallas, Texas 75248, United States 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 15150 Preston Road, Dallas, Texas 75248, United States around 2022. Cite this Long View Equity Acquires Office At 15150 Preston Rd In Dallas sale when underwriting similar office product around Dallas, Texas.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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