Charter Holdings & DuWest Realty Acquire Mixed-use Property In Allen From Seller PCCP, LLC & Trademark Property Company
970 Garden Park Drive, Allen, Texas 75013, United States
Building Size
458,091 SF
Asset Type
Mixed-use
Closing
Apr 13, 2022
AI
Charter Holdings & DuWest Realty have acquired the mixed-use property located at 970 Garden Park Dr in Allen. The property spans 458,091 square feet and sits on approximately 46 acres. The transaction took place on April 14, 2022. The property was sold by PCCP, LLC & Trademark Property Company.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: Not provided
- Address: 970 Garden Park Dr
- Market: Allen
- Square Footage: 458,091
- Acres: 46
The deal was facilitated by brokers Barry Brown, Chris Gerard, Ryan Shore, Greyson Fewin, and Pauli Kerr from JLL. They represented both the buyer, Charter Holdings & DuWest Realty, and the seller, PCCP, LLC & Trademark Property Company.
No additional information is available at this time.
Players
Allen 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93