SOLDOffice
Marcus & Millichap Sells Lewisville Office Building On 541 W Main St. For Undisclosed Amount
541 W Main St, Lewisville, TX, USA
Building Size
10,850 SF
Asset Type
Office
Closing
Dec 3, 2021
AI
Located at 541 W Main St in Lewisville, this office space was recently sold in a closed transaction on 12/03/2021. The property spans 10,850 square feet and is situated in the Lewisville market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified in the provided information
Richard Robson, Garrett Wolfe, Joseph Jaques, and Tommy Lovell III of Marcus & Millichap represented the deal as brokers.
Players
Lewisville Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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