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7351 Silverado Trail

LIV Development Acquires Development Site From American Landmark With Brokers Grant Raymond Asher Hall Alex Phillips
SOLDDevelopment Site

LIV Development Acquires Development Site From American Landmark With Brokers Grant Raymond Asher Hall Alex Phillips

7351 Silverado Trail

Building Size

477,417 SF

Asset Type

Development Site

Closing

Nov 3, 2025

AI

The asset involved in the transaction is a development site located at 7351 Silverado Trail in McKinney, featuring a buildable square footage (BSF) of 219,150 and a total square footage of 477,417.

Summary of transaction details:

This deal involves key players in the real estate market, with LIV Development as the buyer and American Landmark as the seller. The transaction was facilitated by brokers Grant Raymond, Asher Hall, and Alex Phillips, representing Cushman & Wakefield in this arrangement.

Players

Grant Raymond

Cushman & Wakefield

Broker

$350M

vol

26 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Mc Kinney Development Site Market Snapshot

Boundary boundary · Development Site · 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