Philip Levy Of Marcus & Millichap Represents Seller In Sale Of Roanoke Shopping Center For $4.2M
101 South Oak Street
Building Size
11,320 SF
Asset Type
Retail
Closing
Aug 21, 2026
About this deal
AI
The property involved in the transaction is a fully leased retail strip center located at 101 South Oak Street in Roanoke, Texas. This retail asset has a total square footage of 11,320 and is situated in Denton County, contributing to its market presence.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Square Footage: 11,320
- Address: 101 South Oak Street
- Market: Roanoke, TX
- Seller's Representative: Philip Levy - Marcus & Millichap
- Buyer's Representative: Philip Levy - Marcus & Millichap
- Tenants: Oak and Main Craft Food + Spirits, Inzo Italian Kitchen, Baja Cantina
Philip Levy of Marcus & Millichap represented the anonymous seller and procured the anonymous buyer in this transaction, highlighting his role in facilitating the deal for this retail property. The involvement of established tenants underscores the center's leasing activity.
On the Map
Retail
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Hebron Retail Market Snapshot
Boundary boundary · Retail · 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