LBJ Center LLC Acquires 250,010 SF Office Building In Dallas
9451 Lyndon B Johnson Fwy, Dallas, TX, USA
Building Size
250,010 SF
Asset Type
Office
Closing
May 3, 2021
About this deal
AI
The office property located at 9451 Lyndon B Johnson Fwy in Dallas has recently been sold. The transaction took place on 05/04/2021, with a sale price of undisclosed value. The property, spanning across 250,010 square feet, is part of the Dallas market.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Undisclosed
- Address: 9451 Lyndon B Johnson Fwy
- Market: Dallas
- Square Footage: 250,010
The buyer of the property is LBJ Center LLC. Representing LBJ Center LLC in this transaction is Jay Hennick from Colliers International.
Players
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