Updated Oct 29, 2024
Katie's Express Car Wash Acquires Development Site In Graham, TX From Estacado Interests
1314 State Highway 16 South, Graham, Texas 76450, United States
Building Size
94 SF
Asset Type
Development Site
Closing
Feb 12, 2022
About this deal
AI
The development site located at 1314 TX-16 in Graham, TX has been sold in a transaction. The property has a building square footage (BSF) of 6,000 and a total area of 94,525 square feet. The sale took place on 12/02/2022. The property is situated in the market of Graham, TX.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 1314 TX-16
- Market: Graham, TX
- BSF: 6,000
- Square Footage: 94,525
The property was purchased by Katie's Express Car Wash from the seller, Estacado Interests. The transaction was facilitated by broker Noah Williams from Davidson Bogel.
Note: Noah Williams holds the highest price per square foot land sale in Young County and City of Graham, Texas – 90 min west of Fort Worth, TX.
Players
Graham Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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