facebook
Traded Co logo
Submit

M&L United Property Acquires High Plaza Shopping Center In Longview From SkyWalker Property Partners

Property Image
SOLD
Long Ly

Ohio

See Similar Deals
Retail30,977 SF
Sold 04/24/2023
the dealplayerscompscontact
Property Image
SOLD

M&L United Property Acquires High Plaza Shopping Center In Longview From SkyWalker Property Partners

2430 S. High St.

See Similar Deals
Retail30,977 SF
Sold 04/24/2023
Long Ly
Contact now

Summary

OHIO
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:30,977 SF
Transaction Type:Sale

Located at 2430 S. High St. in Longview, Texas, the High Plaza Shopping Center has been sold to M&L United Property. The retail property spans 30,977 square feet and sits on 2.91 acres of land. The center underwent an extensive renovation, which included upgrading its exterior, parking lot, lighting, and monument sign.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 30,977
  • Address: 2430 S. High St.
  • Market: Longview
  • Acres: 2.91

SkyWalker Property Partners, represented by Gary Walker & Chris Aguilar, sold the majority of the High Plaza Shopping Center to M&L United Property. However, they retained a 26,400 square foot anchor store for their fund's portfolio. The center is home to a mix of national, regional, and local retailers, including Family Dollar, Wing Stop, Metro By T-Mobile, and Little Caesars.

Long Ly of William Davis Realty represented the buyer, M&L United Property, while Tim Axilrod of SHOP Cos represented the seller, SkyWalker Property Partners.

Players

Tim Axilrod
9 deals
BROKER

Long Ly
William Davis Realty
1 deal
BROKER


SELLER

Details

SOLD
IMAGE: Gary Walker & Chris Aguilar DATE: 04/24/2023 ADDRESS: 2430 S. High St. MARKET: Longview ASSET TYPE: Retail ~ SF: 30,977 ~ ACRES: 2.91 BUYER: M&L United Property SELLER: SkyWalker Property Partners - Gary Walker & Chris Aguilar BUYER'S REP: Long Ly - William Davis Realty SELLER'S REP: Tim Axilrod - SHOP Cos NOTE: SkyWalker Property has sold the majority of High Plaza Shopping Center in Longview, Texas, to M&L United Property, and retained a 26,400 sq ft anchor store for its fund's portfolio. The 30,977 sq ft shopping center underwent an extensive renovation, which included upgrading its exterior, parking lot, lighting, and monument sign, and is home to a mix of national, regional, and local retailers, including Family Dollar, Wing Stop, Metro By T-Mobile, and Little Caesars.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00