Falcon Ridge Properties Acquires Retail Property In Hurst From Crowley Kwik Kar
108 West Harwood Road, Hurst, Texas 76054, United States
Building Size
3,696 SF
Asset Type
Retail
Closing
May 1, 2022
AI
Located at 108 W. Harwood Rd. in Hurst, this retail property has been sold in a recent transaction. The property spans approximately 3,696 square feet and sits on a 0.4-acre lot. The sale took place on 05/02/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 108 W. Harwood Rd.
- Market: Hurst
- Square Footage: 3,696 SF
- Acres: 0.4
The buyer of this property is Falcon Ridge Properties LLC, while the seller is Crowley Kwik Kar LLC. Acting as the buyer's representative is Shane Benner from Bradford Commercial Real Estate Services. On the seller's side, Matthew Mousavi and Patrick Luther from SRS National Net Lease Group facilitated the transaction.
Players
Hurst Retail Market Snapshot
Boundary boundary · Retail · 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