Marcus & Millichap Sells Retail Property In Aledo, Texas With Brokers Gainey & Levy
119 Ranch House Road, Willow Park, Texas 76087, United States
Building Size
18,150 SF
Asset Type
Retail
Closing
Jun 13, 2022
About this deal
AI
Located at 119 Ranch House Rd in Aledo, this retail property has recently been sold. The transaction took place on June 14, 2022. The property spans a total of 18,150 square feet, making it a substantial space for retail operations. The sale was facilitated by brokers Chris Gainey and Philip Levy from Marcus & Millichap.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 119 Ranch House Rd
- Market: Aledo
- Square Footage: 18,150
Chris Gainey and Philip Levy, representing Marcus & Millichap, played key roles in overseeing the sale of this retail property in Aledo. Their expertise and negotiation skills were instrumental in facilitating the transaction successfully.
On the Map
Retail
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Players
Willow Park 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