Stanton Road Capital Acquires 670,000 SF Office Building In Dallas
3030 Lyndon B Johnson Freeway, Dallas, Texas 75241, United States
Building Size
670,000 SF
Asset Type
Office
Closing
Jun 9, 2022
About this deal
AI
The office building located at 3030 Lyndon B Johnson Fwy in Dallas has recently been sold. The property spans over 670,000 square feet and was part of a closed transaction. No additional details are available about the property.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not disclosed
- Market: Dallas
- Seller: Stanton Road Capital - Timothy Ronan
- Sale Date: 06/10/2022
Timothy Ronan, representing Stanton Road Capital, was the seller in this transaction. No further information is provided about the deal or the buyer's details.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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