Rockwall Retail Property Sells For $6.2M With Brokers Randy Blankstein & Jimmy Goodman - The Boulder Group
1220 Horizon Rd, Rockwall, TX 75032, USA
$6,200,000
$542/SF
Building Size
11,421 SF
Asset Type
Retail
Closing
Oct 18, 2020
About this deal
AI
The retail property located at 1220 Horizon Road in Rockwall has been sold for a total of $6,200,000. The property spans 11,421 square feet, resulting in a price per square foot of $543.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,200,000
- Address: 1220 Horizon Road
- Market: Rockwall
Randy Blankstein and Jimmy Goodman from The Boulder Group served as the brokers representing both parties in this transaction.
The retail sale at 1220 Horizon Rd, Rockwall, TX 75032, USA in Rockwall, Texas sold for $6.2M in 2020. The building is 11,421 square feet, implying about 542 per square foot on the published price. Jimmy Goodman, Randy Blankstein, The Boulder Group appear on the sale alongside The Boulder Group. This page is the Rockwall, Texas file for the 1220 Horizon Rd, Rockwall, TX 75032, USA retail sold: pricing, party profiles, and other closed retail comps from the same Rockwall sit in the Market section below. Filter that Rockwall retail set by closing date to see what else sold near 1220 Horizon Rd, Rockwall, TX 75032, USA around 2020. Published consideration for 1220 Horizon Rd, Rockwall, TX 75032, USA is $6.2M, dated 2020. Cite this Rockwall Retail Property Sells For $6.2M With Brokers Randy Blankstein & Jimmy Goodman - The Boulder Group sale when underwriting similar retail product around Rockwall, Texas.
Players
Rockwall 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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93