Crowd Restaurant Group Acquires 25.3K SF Office In Carrolton From 2455 McIver
2455 Mciver Lane, Carrollton, Texas 75006, United States
Building Size
25 SF
Asset Type
Office
Closing
Apr 17, 2023
AI
The office property located at 2455 McIver Lane in Carrolton has been sold. The transaction took place on 03/29/2023, and the property spans a total area of 25,300 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 2455 McIver Lane
- Market: Carrolton
- Buyer: Crowd Restaurant Group - Edgar Guevara
- Seller: 2455 McIver
- Buyer's Representative: Pat Hanahan & Rick Currey - Fobare Commercial
- Seller's Representative: Jim Struble - Jim Struble Realty
The buyer of the property is the Crowd Restaurant Group represented by Edgar Guevara. The seller is 2455 McIver. Pat Hanahan & Rick Currey from Fobare Commercial acted as the buyer's representatives, while Jim Struble from Jim Struble Realty represented the seller.
Players
Carrollton Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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