VanTrust Real Estate Sells Frisco Office Property At 6303 Cowboys Way With Newmark Brokers
6303 Cowboys Way, Frisco, TX 75034
Building Size
210,424 SF
Asset Type
Office
Closing
Aug 14, 2020
About this deal
AI
The property involved in the transaction is an office space located at 6303 Cowboys Way in Frisco. It has a total area of 210,424 square feet and sits on a 242-acre plot. The sale took place on August 14, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6303 Cowboys Way, Frisco
- Market: Frisco
- Size: 210,424 square feet
- Acres: 242
VanTrust Real Estate was the seller in this transaction. The brokers representing them were Gary Carr, Robert Hill, Chris Murphy, John Alvarado, and Chase Tagen from Newmark.
On the Map
Office
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Players
Frisco 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