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7920 Belt Line Road, Dallas...

Uhalt Investments Acquires Office Building In Dallas On Belt Line Road
SOLDOffice

Uhalt Investments Acquires Office Building In Dallas On Belt Line Road

7920 Belt Line Road, Dallas, TX, USA

Building Size

190,830 SF

Asset Type

Office

Closing

Jan 4, 2021

AI

Creighton Stark & Chris Boyd of Colliers International facilitated the sale of an office property located at 7920 Belt Line Road in Dallas. The transaction took place on January 5, 2021. The property spans 190,830 square feet and is situated in the Dallas market.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Seller: Pillar Commercial - Manny Ybarra, Blue Vista Capital Management
  • Buyer: Uhalt Investments

In this deal, the seller, Pillar Commercial, was represented by Manny Ybarra from Blue Vista Capital Management. The buyer, Uhalt Investments, acquired the property through the assistance of Creighton Stark and Chris Boyd from Colliers International.

Players

Chris Boyd

Colliers

Broker

5 deals

Broker
UI
Uhalt InvestmentsBuyer

Dallas 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