facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Mixed Use

/

Sale

/

2600 Shire Blvd, Richardson...

Venture Investment Partners Acquires Mixed-Use Property In Richardson From Standridge Companies
SOLDMixed-use

Venture Investment Partners Acquires Mixed-Use Property In Richardson From Standridge Companies

2600 Shire Blvd, Richardson, TX 75082

Building Size

83,256 SF

Asset Type

Mixed-use

Closing

Jul 13, 2022

AI

A mixed-use property located at 2600, 3610, 3650 Shire Blvd. & 2121 Infocom Dr in Richardson has been sold. The property spans across 6.22 acres and has a total square footage of 83,256. The transaction took place on 07/14/2022.

Summary of transaction details:

  • Property Type: Mixed-use
  • Address: 2600, 3610, 3650 Shire Blvd. & 2121 Infocom Dr
  • Market: Richardson
  • Size: 83,256 SF
  • Acreage: 6.22 acres

The buyer of the property is Venture Investment Partners, while the seller is Standridge Companies. The deal was facilitated by Adam Howells, Barry Brown, Jack Copher & Beth Copeland from the agency JLL.

Players

Adam Howells

JLL

Broker

$30.5M

vol

16 deals

Broker

Richardson Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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