Dan Bassichis & Ty Dunlap Of Vero Capital Acquire Office In Plano From Column Financial
3033 President George Bush Highway
Building Size
186,247 SF
Asset Type
Office
Closing
Jun 20, 2024
About this deal
AI
The property asset involved in this transaction is an office building located at 3033 President George Bush Highway in Plano, featuring a size of 186,247 square feet. The transaction occurred on June 20, 2024.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Buyer: Dan Bassichis & Ty Dunlap - Vero Capital
- Seller: Column Financial
- Broker: Sean Reimer - Walker & Dunlop
This deal involved key individuals and companies including buyer representatives Dan Bassichis and Ty Dunlap from Vero Capital, and the seller was represented by Column Financial. The transaction was facilitated by broker Sean Reimer from Walker & Dunlop.
On the Map
Office
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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