Woodside Health Acquires 29,216 SF Office Space In Southlake With Brokers John David Cobb & Wilson Stafford - Edge Realty Partners
3055 West Southlake Boulevard, Southlake, Texas 76092, United States
Building Size
29,216 SF
Asset Type
Office
Closing
Apr 24, 2022
About this deal
AI
Woodside Health has acquired a portfolio consisting of five medical office buildings in Southlake. The transaction took place on April 25, 2022. The properties are located at 3055-3081 W Southlake Blvd and have a total square footage of 29,216. The office buildings are situated in the Southlake market.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not disclosed
The acquisition was facilitated by brokers John David Cobb and Wilson Stafford from Edge Realty Partners.
These medical office buildings offer Woodside Health a strategic addition to their portfolio in Southlake. With a combined square footage of 29,216, the buildings provide ample space for medical practices and contribute to the healthcare infrastructure in the area.
Players
Southlake 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