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
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.
Players
Texas Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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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