WhiteBox Real Estate Sells Office Property On Commerce Street In Dallas For $1.3M
3008 Commerce St, Dallas, TX 75226, USA
$1,300,000
$218/SF
Building Size
5,952 SF
Asset Type
Office
Closing
Sep 23, 2020
AI
The office property located at 3008 Commerce Street in Dallas was recently sold. The transaction took place on September 24, 2020. The property was listed for sale at an asking price of $1,300,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,300,000
- Address: 3008 Commerce Street
- Market: Dallas
The seller's representative in this deal was Matthew Otte from WhiteBox Real Estate, while the buyer was represented by Taylor LeMaster from Inroads Realty.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93