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4808 South Buckner Boulevar...

Davidson Bogel Real Estate Acquires 12,000 SF Office In Dallas For $2.8M
SOLDOffice

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

Keaton Duhon

Davidson Bogel Real Estate

Broker

10 deals

Broker

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