Davidson Bogel Real Estate Acquires 12,000 SF Office In Dallas For $2.8M
4808 South Buckner Boulevard, Dallas, Texas 75227, United States
Building Size
12,000 SF
Asset Type
Office
Closing
Feb 21, 2022
AI
Located at 4808 S. Buckner Blvd in Dallas, this office property spans 12,000 square feet. The sale of this property was facilitated by Keaton Duhon and Grant Lake from Davidson Bogel Real Estate. The transaction took place on February 22, 2022.
Summary of transation details
- Property Type: Office
- Transaction Amount: $2,800,000
- Market: Dallas
- Broker: Keaton Duhon & Grant Lake - Davidson Bogel Real Estate
Davidson Bogel Real Estate (DB2RE) is a boutique land investment advisory group and brokerage firm headquartered in the Dallas-Fort Worth Metroplex. Founded by David Davidson, Jr. and Edward Bogel in 2015, the company has a focus on exceptional client service and specializes in land acquisitions, dispositions, and investment sales for retail, multi-family, industrial/mixed-use, and single-family communities. As second-generation land brokers, David and Edward honor their heritage by including 2 in the abbreviated version of Davidson Bogel Real Estate (DB2RE).
The DB2RE Industrial team is well-versed in the unique challenges of the industrial market, leveraging their comprehensive real estate expertise and leading-edge market research to develop innovative and profitable solutions for their clients. They have a strong track record in providing customized solutions for manufacturing, warehousing, distribution, and research and development clients, making DB2RE a trusted partner in the industry.
Players
Dallas 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