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6800 Weiskopf Avenue, McKin...

Newmark Brokers Facilitate Sale Of 120,234 SF Office In McKinney
SOLDOffice

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

Gary Carr

Newmark

Broker

$352.5M

vol

33 deals

Broker

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