Alex Sacks, Brett Rodgers, Frank M. Roti, Garret Wolfe, & Tim Speck Of Marcus & Millichap Broker The Sale Of Office Property At 191 Walls Drive, Cleburne
191 Walls Drive, Cleburne, TX, USA
Building Size
7,345 SF
Asset Type
Office
Closing
Jan 18, 2021
About this deal
AI
An office property located at 191 Walls Drive in Cleburne has been sold. The transaction took place on January 19, 2021. The property was listed for sale in the market of Cleburne. It is an office asset.
Summary of transaction details
- Property Type: Office
- Date: 01/19/2021
- Address: 191 Walls Drive
- Market: Cleburne
The sale of the property was facilitated by the brokerage firm, Marcus & Millichap. The deal was represented by the brokers Alex Sacks, Brett Rodgers, Frank M. Roti, Garret Wolfe, and Tim Speck.
On the Map
Office
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Players
Cleburne 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