SOLDRetail
David Zoller Acquires Retail Property On E. University Drive In Denton, TX
111 E. University Drive
Building Size
13,562 SF
Asset Type
Retail
Closing
Oct 31, 2022
AI
The retail property located at 111 E. University Drive in Denton, TX has been sold. The transaction took place on October 31, 2022. The property spans a total area of 13,562 square feet and sits on 1.1 acres of land.
Summary of transaction details
- Property Type: Retail
- Sale Price: Not disclosed
- Address: 111 E. University Drive, Denton, TX
- Market: Denton, TX
- Size: 13,562 square feet
- Acreage: 1.1 acres
- Date: October 31, 2022
The deal was facilitated by broker David Zoller from Weitzman.
Players
Denton 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