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16610 Dallas Parkway

Younger Partners Represents Seller In Sale Of 82,144 SF Office Complex In Dallas
SOLDOffice

Younger Partners Represents Seller In Sale Of 82,144 SF Office Complex In Dallas

16610 Dallas Parkway

Building Size

82,144 SF

Asset Type

Office

Closing

Oct 7, 2025

AI

The property involved in the transaction is Bent Tree Plaza, a healthcare and office complex situated at 16610-16660 North Dallas Parkway & 4950 Westgrove Drive in Dallas. The asset encompasses a total square footage of 82,144, and at the time of closing, it was 72% leased.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 16610-16660 North Dallas Parkway & 4950 Westgrove Drive
  • Market: Dallas
  • Asset Size: 82,144 SF
  • Leased Percentage at Closing: 72%

Tom Strohbehn and Scot Farber from Younger Partners represented the undisclosed seller in this transaction. Additionally, Younger Partners will serve as the leasing agent for the anonymous buyer post-sale.

Players

Tom Strohbehn

Young Partners

Broker

4 deals

Broker
Younger Partners
Younger PartnersBrokerage

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