Brandon Wright & Zach Wright Of The Boulder Group Sell Retail Asset In Seguin For $2.41M

The transaction involved the sale of a retail asset located at 116 West Cedar Street & 1024 North Austin Street in Seguin, TX, consisting of two properties under one lease. The properties sold for a total of $2,409,000 with a square footage of 25,506, resulting in a price per square foot of $94.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,409,000
• Square Footage: 25,506
• Price per Square Foot: $94
• Address: 116 West Cedar Street & 1024 North Austin Street
• Market: Seguin

Brandon Wright and Zach Wright from The Boulder Group represented the seller, who was a local investor. The buyer was a Central Texas-based all-cash 1031 exchange investor.