Marcus & Millichap Sells Midlothian Retail Property On George Hopper Road
1141 George Hopper Rd, Midlothian, TX 76065, USA
Building Size
28,160 SF
Asset Type
Retail
Closing
Aug 26, 2020
About this deal
AI
The retail property located at 1141 George Hopper Road in Midlothian has been sold. The transaction took place on August 27, 2020. The property spans an area of 2,816 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
The deal was facilitated by James W. Pickett III and Vincent Knipp, who represented the buyer and seller respectively. They are affiliated with Marcus & Millichap brokerage firm.
Traded’s record for 1141 George Hopper Rd, Midlothian, TX 76065, USA in Midlothian, Texas covers a retail sale from 2020. The building is 28,160 square feet, implying about 0 per square foot on the published price. Vincent Knipp, James Pickett, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Midlothian, Texas file for the 1141 George Hopper Rd, Midlothian, TX 76065, USA retail sold: pricing, party profiles, and other closed retail comps from the same Midlothian sit in the Market section below. Filter that Midlothian retail set by closing date to see what else sold near 1141 George Hopper Rd, Midlothian, TX 76065, USA around 2020. Cite this Marcus & Millichap Sells Midlothian Retail Property On George Hopper Road sale when underwriting similar retail product around Midlothian, Texas.
Midlothian 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