Monarch Alternative Capital Acquires 200,000 SF Office Building In Plano
5801 Headquarters Drive, Plano, TX, USA
Building Size
200,000 SF
Asset Type
Office
Closing
Jun 27, 2021
About this deal
AI
The office property located at 5801 Headquarters Drive in Plano has been sold in a transaction. The sale took place on 06/28/2021. The property is spread across 200,000 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
The buyer of the property is Monarch Alternative Capital.
Traded’s record for 5801 Headquarters Drive, Plano, TX, USA in Plano, Texas covers a office sale from 2021. The building is 200,000 square feet, implying about 0 per square foot on the published price. This page is the Plano, Texas file for the 5801 Headquarters Drive, Plano, TX, USA office sold: pricing, party profiles, and other closed office comps from the same Plano sit in the Market section below. Filter that Plano office set by closing date to see what else sold near 5801 Headquarters Drive, Plano, TX, USA around 2021. Cite this Monarch Alternative Capital Acquires 200,000 SF Office Building In Plano sale when underwriting similar office product around Plano, Texas.
Players
Plano Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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