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1206 N Stemmons Fwy, Lewisv...

Steri-Tek Purchases 34000 SF Property In Lewisville Represented By Dan Spika
SOLD

Steri-Tek Purchases 34000 SF Property In Lewisville Represented By Dan Spika

1206 N Stemmons Fwy, Lewisville, TX...

Building Size

34,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1206 N Stemmons Fwy, Lewisville, TX, within the Lewisville market. The property has a total square footage of 34,000.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 1206 N Stemmons Fwy, Lewisville, TX
  • Market: Lewisville
  • Seller's Representative: Dan Spika
  • Buyer: Steri-Tek
  • Seller: Not specified
  • Square Footage: 34,000

Dan Spika represents the seller in this transaction, while Steri-Tek is the buyer acquiring the property at the specified location.

Players

Dan Spika

Broker

7 deals

Broker

Lewisville CRE Market Snapshot

Boundary boundary · CRE · 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