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Mixed Use

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801 West Interstate 2

Updated Jul 10, 2025

Bob Mills Furniture Acquires Mixed-Use Property In San Juan For $7.6 Million Represented By Stewart Skloss
SOLDMixed-use

Bob Mills Furniture Acquires Mixed-Use Property In San Juan For $7.6 Million Represented By Stewart Skloss

801 West Interstate 2

$7,600,000

$139/SF

Building Size

54,608 SF

Asset Type

Mixed-use

Closing

Jul 10, 2025

About this deal

AI

A mixed-use property consisting of retail and industrial space was sold at 801 East Interstate 2 in San Juan, TX. Bob Mills Furniture acquired the building encompassing 54,608 square feet for a transaction amount of $7,600,000. The price per square foot for the property stands at $139.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,600,000
  • Square Footage: 54,608
  • Address: 801 East Interstate 2, San Juan, TX
  • Market: San Juan
  • Price Per Square Foot: $139
  • Buyer: Bob Mills Furniture
  • Broker: Stewart Skloss - Newmark

Stewart Skloss from Newmark represented Bob Mills Furniture in this transaction, facilitating the company's entry into the Rio Grande Valley market by opening its first store in the area. The identity of the seller remains undisclosed.

Players

Stewart Skloss

Newmark

Broker

$7.6M

vol

2 deals

Broker
Newmark
NewmarkBrokerage

San Juan Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $139 per square foot on a published $7.6M for 54,608 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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