Newmark Brokers Facilitate Sale Of 120,234 SF Office In McKinney
6800 Weiskopf Avenue, McKinney, TX, USA
Building Size
120,234 SF
Asset Type
Office
Closing
Jul 30, 2021
AI
An office property located at 6800 Weiskopf Ave in McKinney, was recently sold in a closed transaction on July 31, 2021. The property spans an area of 120,234 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6800 Weiskopf Ave
- Market: McKinney
- Square Footage: 120,234
The sale of this office property in McKinney was facilitated by Newmark. The brokers involved in the deal were Gary Carr, Robert Hill, Chris Murphy, John Alvarado, and Chase Tagen from Newmark.
Players
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