MaRuk Investment LLC Acquires Office Building In Arlington For $________
911 Medical Centre Drive, Arlington, Texas 76012, United States
Building Size
7,156 SF
Asset Type
Office
Closing
Mar 27, 2022
AI
MaRuk Investment LLC has recently acquired a 7,156 square foot office property located at 911 Medical Centre Dr. in Arlington. The transaction took place on March 28, 2022, and the property was sold by Modoc Properties LLC. The asset was represented by Shane Benner from Bradford Commercial Real Estate Services.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 911 Medical Centre Dr.
- Market: Arlington
- Square Footage: 7,156
MaRuk Investment LLC, as the buyer, successfully acquired the office property at 911 Medical Centre Dr. in Arlington. The seller, Modoc Properties LLC, sold the property under the representation of Shane Benner from Bradford Commercial Real Estate Services.
Arlington 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