Brown Gibbons Lang & Co Acquires Office/Medical Facility In Tyler & Texarkana For $39,814 SF
2737 South Broadway Avenue, Tyler, TX, USA
Building Size
39,814 SF
Asset Type
Office
Closing
Apr 8, 2021
About this deal
AI
An office/medical facility located at 2737 S Broadway Ave & 1802 Moores Ln in Tyler & Texarkana has been sold. The transaction took place on 04/09/2021 and was facilitated by Brown Gibbons Lang & Co. The property spans a total of 39,814 square feet.
Summary of transaction details
- Property Type: Office/Medical Facility
- Transaction Amount: Not specified
Brown Gibbons Lang & Co, a brokerage firm, represented the parties involved in this sale.
Traded’s record for 2737 South Broadway Avenue, Tyler, TX, USA in Tyler, Texas covers a office sale from 2021. The building is 39,814 square feet, implying about 0 per square foot on the published price. Named participants on the 2737 South Broadway Avenue, Tyler, TX, USA sale are Michael Gibbons. This page is the Tyler, Texas file for the 2737 South Broadway Avenue, Tyler, TX, USA office sold: pricing, party profiles, and other closed office comps from the same Tyler sit in the Market section below. Filter that Tyler office set by closing date to see what else sold near 2737 South Broadway Avenue, Tyler, TX, USA around 2021. Cite this Brown Gibbons Lang & Co Acquires Office/Medical Facility In Tyler & Texarkana For $39,814 SF sale when underwriting similar office product around Tyler, Texas.
Players
Tyler Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas office sales on Traded.
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