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5310 Harvest Hill Rd, Dalla...

Balfour Pacific Capital Acquires Toll Hill Office Park In Dallas Sale
SOLDOffice

Balfour Pacific Capital Acquires Toll Hill Office Park In Dallas Sale

5310 Harvest Hill Rd, Dallas, TX, 75230

Building Size

248,045 SF

Asset Type

Office

Closing

Nov 22, 2023

AI

The Toll Hill Office Park is a 248,045-square-foot campus located one block south of the LBJ Freeway in North Dallas. The property, recently renovated, features amenities such as a deli, common area conference room, atrium seating areas with Wi-Fi, and covered parking.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 5310 Harvest Hill Rd, Dallas, TX, 75230
  • Market: Dallas
  • Seller's Rep: Parker McCormack (JLL)
  • Buyer: Balfour Pacific Capital

Parker McCormack of JLL represented the seller, Cawley Partners, in the transaction. Additionally, Jason Piering and Will Mogk of JLL facilitated acquisition financing through NXT Capital for the buyer, Balfour Pacific Capital.

Players

Parker McCormack

JLL

Broker

7 deals

Broker
BC
Balfour Pacific CapitalBuyer

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