SOLDOffice
Long View Equity LLC Acquires Office Building On Plano Parkway In Plano
2701 West Plano Parkway, Plano, TX, USA
Building Size
114,000 SF
Asset Type
Office
Closing
Feb 2, 2021
AI
The office property located at 2701 W. Plano Parkway in Plano has been sold in a recent transaction. The property, spanning 114,000 square feet, was listed for sale.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 2701 W. Plano Parkway, Plano
The buyer of this property is Long View Equity LLC, represented by Dustin Johnson. The deal was facilitated by SVN Trinity Advisors, who acted as the broker in this transaction.
Players
Plano 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