Orangestar Property Advisors Acquires 120,000 SF Office In McKinney For Sale
6800 Weiskopf Avenue, McKinney, TX 75070, USA
Building Size
120,000 SF
Asset Type
Office
Closing
Jul 27, 2020
AI
The office building located at 6800 Weiskopf Ave in McKinney has been sold in a recent transaction. The property spans 120,000 square feet and is categorized as an office asset. The sale took place on July 27, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6800 Weiskopf Ave, McKinney
- Square Footage: 120,000
The seller of the property was VanTrust Real Estate, represented by Dave Harrison. The buyer, on the other hand, was Orangestar Property Advisors, with Jay Post as their representative in the deal.
McKinney 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