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2100 Plaza Pkwy Bedford, TX...

Updated Oct 29, 2024

HEB ISD Acquires Mixed-Use Property At 2100 Plaza Parkway In Bedford, TX For $6.1M
SOLDMixed-use

HEB ISD Acquires Mixed-Use Property At 2100 Plaza Parkway In Bedford, TX For $6.1M

2100 Plaza Pkwy Bedford, TX 76021, USA

$6,100,000

$119/SF

Building Size

51,221 SF

Asset Type

Mixed-use

Closing

Jul 14, 2023

About this deal

AI

The property at 2100 Plaza Parkway in Bedford, TX was recently sold in a mixed-use sale transaction. The property spans a total area of 51,221 square feet and was purchased by HEB ISD.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $6,100,000
  • SF: 51,221
  • Price Per Square Foot: $119
  • Address: 2100 Plaza Parkway, Bedford, TX
  • Market: Bedford, TX

The seller of the property was Mike Toursal, while the buyer was HEB ISD. The deal was facilitated by brokers Reese Bowles and Amy Nott of JLL.

On the Map

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$6,100,000

$119/SF

Mixed-use

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Players

Reese Bowles

JLL

Broker

$6.1M

vol

1 deal

Broker
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Texas Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $119 per square foot on a published $6.1M for 51,221 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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