Koa Partners Acquires 8 Acres Office Property In Dallas, TX With Harry Lake As The Broker
17177 Preston Road, Dallas, TX 75248, USA
Building Size
150,000 SF
Asset Type
Office
Closing
Oct 12, 2021
About this deal
AI
The 150,000 square-foot office property located at 17177 Preston Rd in Dallas has been sold. The transaction took place on October 12, 2021, and was facilitated by JLL as the broker. The property sits on 8 acres of land and is situated in the Dallas market.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 17177 Preston Rd
- Market: Dallas
- Size: 150,000 square feet
The buyer of the property is Koa Partners, represented by Harry Lake.
Traded’s record for 17177 Preston Road, Dallas, TX 75248, USA in Dallas, Texas covers a office sale from 2021. The building is 150,000 square feet, implying about 0 per square foot on the published price. Named participants on the 17177 Preston Road, Dallas, TX 75248, USA sale are Harry Lake. This page is the Dallas, Texas file for the 17177 Preston Road, Dallas, TX 75248, 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 17177 Preston Road, Dallas, TX 75248, USA around 2021. Cite this Koa Partners Acquires 8 Acres Office Property In Dallas, TX With Harry Lake As The Broker sale when underwriting similar office product around Dallas, Texas.
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