STRIVE Arranges Sale Of Euless Town Center Shopping Center With Anchors Ross Dress For Less And Aldi
1201 Airport Freeway
Building Size
239,610 SF
Asset Type
Retail
Closing
Oct 10, 2023
About this deal
AI
Euless Town Center, a 239,610-square-foot shopping center in Euless, Dallas-Fort Worth, has been sold. The property, located at 1201 Airport Freeway, features popular anchor stores such as Ross Dress for Less and Aldi.
Summary of transaction details
- Property Type: Retail
- Square Footage: 239,610
- Transaction Date: 10/10/2023
- Market: Euless
The sale of Euless Town Center was facilitated by STRIVE, with Hudson Lambert and Jennifer Pierson acting as brokers. STRIVE represented the California-based seller, ensuring a successful transaction for all parties involved.
Players
Euless 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