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5601 Executive Drive

Christie Abercrombie Purchases Office At 5601 Executive Drive From Abhishek Kumar For $X
SOLDOffice

Christie Abercrombie Purchases Office At 5601 Executive Drive From Abhishek Kumar For $X

5601 Executive Drive

Building Size

155,589 SF

Asset Type

Office

Closing

Oct 21, 2025

AI

The asset involved in this transaction is an office building located at 5601 Executive Drive in Irving. The total square footage of the property is 155,589. The sale was finalized on October 21, 2025, though the transaction amount is not specified.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Buyer: Christie Abercrombie
  • Seller: Abhishek (AB) Kumar - Novel Office
  • Broker: Jeffrey Carr - Matthews
  • Market: Irving

Christie Abercrombie is the buyer in this transaction, while Abhishek (AB) Kumar represented the seller through Novel Office. The broker facilitating the deal is Jeffrey Carr from Matthews.

Players

Jeffrey Carr

Matthews

Broker

1 deal

Broker

Irving 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