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
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
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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