Marcus & Millichap Sells Office Property At 4545 Fuller Drive In Irving For $126790
4545 Fuller Drive
Building Size
126,790 SF
Asset Type
Office
Closing
Mar 25, 2025
AI
The property involved in this transaction is an office building located at 4545 Fuller Drive in Irving. The building, known as O’Connor Ridge, spans 126,790 square feet, features four stories, and comprises 30 suites. It was built in 1980 and the sale was facilitated on March 25, 2025, for an undisclosed price.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Address: 4545 Fuller Drive
- Market: Irving
- Asset Size: 126,790 sq ft
- Number of Suites: 30
- Year Built: 1980
- Date of Sale: 03/25/2025
Marcus & Millichap brokered the sale, representing the seller based in California and securing a local buyer. The deal was facilitated by brokers Bard Hoover, David Fersing, Joseph Jaques, Nick Fluellen, and Ron Hebert.
Players
Irving 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