Zacuto Group Sells Walgreens Retail Property In Dallas/Ft. Worth For $5.9M
1020 N. Collins St
$5,900,002
$374/SF
Building Size
15,776 SF
Asset Type
Retail
Closing
Aug 10, 2020
About this deal
AI
The Zacuto Group recently completed the sale of a retail property located at 1020 N. Collins Street in Dallas/Ft. Worth. The asset, which is a long-term NNN leased Walgreens investment property, was sold for a price of $5,900,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,900,000
- Address: 1020 N. Collins Street
- Market: Dallas/Ft. Worth
The sale was successfully facilitated by Jake Zacuto and Leor Binshtock from Zacuto Group, who represented the buyer and seller in the transaction.
The retail sale at 1020 N. Collins St in Arlington, Texas sold for $5.9M in 2020. The building is 15,776 square feet, implying about 374 per square foot on the published price. Leor Binshtock, Jake Zacuto, Zacuto Group appear on the sale alongside Zacuto Group. This page is the Arlington, Texas file for the 1020 N. Collins St retail sold: pricing, party profiles, and other closed retail comps from the same Arlington sit in the Market section below. Filter that Arlington retail set by closing date to see what else sold near 1020 N. Collins St around 2020. Published consideration for 1020 N. Collins St is $5.9M, dated 2020. Cite this Zacuto Group Sells Walgreens Retail Property In Dallas/Ft. Worth For $5.9M sale when underwriting similar retail product around Arlington, Texas.
Players
Arlington 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93