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6303 Cowboys Way, Frisco, T...

VanTrust Real Estate Sells Frisco Office Property At 6303 Cowboys Way With Newmark Brokers
SOLDOffice

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

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.

Players

Gary Carr

Newmark

Broker

$352.5M

vol

33 deals

Broker
VE
VanTrust Real EstateSeller

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