SOLDLand
Home Depot Acquires 13.5-Acre Land In Anna From Edge Realty Partners
Building Size
—
Asset Type
Land
Closing
Mar 1, 2024
About this deal
AI
Home Depot purchased a 13.5-acre plot in Anna Town Center, a mixed-use project developed by Edge Realty Partners in Anna, Texas at U.S. Highway 75 & FM 455.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not Disclosed
- Asset Type: Land
- Market: Anna
- Acres: 13.5
- Address: U.S. Highway 75 & FM 455
Mike Stevens from Steveco Commercial represented Edward Decker, the buyer from Home Depot, while David Copeland from Edge Realty Partners represented the seller, Edge Realty Partners, in the transaction.
Players
Market Land Market Snapshot
Boundary boundary · Land · 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