SOLDOther
Delta Electronics Americas Acquires Office Property In Plano From Capital Commercial Investments Inc
601 Data Drive, Plano, Texas 75075, United States
Building Size
400,000 SF
Asset Type
Other
Closing
Jul 6, 2022
About this deal
AI
The office building situated at 601 Data Drive in Plano has been sold in a recent transaction. The property spans approximately 423,123 square feet and is situated on approximately 30 acres of land. The sale took place on July 7, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned in the CONTEXT
- Address: 601 Data Drive
- Market: Plano
- Size: 423,123 square feet
- Acreage: 30 acres
The buyer of the property is Delta Electronics Americas, while the seller is Capital Commercial Investments Inc., represented by Paul D. Agarwal.
Players
Plano Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
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