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
About this deal
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.
Traded’s record for 541 W Main St, Lewisville, TX, USA in Lewisville, Texas covers a office sale from 2021. The building is 10,850 square feet, implying about 0 per square foot on the published price. Richard Robson, Joseph Jaques, Garret Wolfe, Tommy Lovell III appear on the sale alongside Marcus & Millichap. This page is the Lewisville, Texas file for the 541 W Main St, Lewisville, TX, USA office sold: pricing, party profiles, and other closed office comps from the same Lewisville sit in the Market section below. Filter that Lewisville office set by closing date to see what else sold near 541 W Main St, Lewisville, TX, USA around 2021. Cite this Marcus & Millichap Sells Lewisville Office Building On 541 W Main St. For Undisclosed Amount sale when underwriting similar office product around Lewisville, Texas.
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Lewisville 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