Berlin Interests Acquires 4840 Square Foot Retail Building At 11810 Preston Road In Dallas
11810 Preston Road
Building Size
4,840 SF
Asset Type
Retail
Closing
Jun 1, 2025
AI
The property involved in the transaction is a multi-tenant retail building located at 11810 Preston Road in Dallas, Texas. The asset spans 4,840 square feet and is situated at the intersection of Preston Road and Forest Lane, within the Dallas market.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Buyer: Berlin Interests
- Broker: Luke Nolan - Younger Partners
- Date of Transaction: 6/2/2025
Luke Nolan represented the brokerage firm Younger Partners in arranging the off-market sale transaction between Berlin Interests and the undisclosed seller of the property.
Players
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