Cross Development Acquires Retail Property In Dallas On N Central Expressway
11648 North Central Expressway, Dallas, Texas 75243, United States
Building Size
6,450 SF
Asset Type
Retail
Closing
Jul 5, 2022
About this deal
AI
A retail property located at 11648 N Central Expressway in Dallas has been sold. The property spans approximately 6,450 square feet and is situated on a lot measuring 17,860 square feet or 0.41 acres. The sale occurred on 07/06/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not disclosed
- Market: Dallas
- Address: 11648 N Central Expressway
- Square Footage: 6,450 SF
- Lot Size: 17,860 SF (0.41 acres)
Cross Development has acquired the property. The deal was brokered by Cameron Deptula from Davidson Bogel Real Estate, LLC.
On the Map
Retail
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Dallas 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