facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Retail

/

Sale

/

1250 William D Tate Avenue

Grapevine Centre Sold With Roger Smeltzer As Buyer's Rep And Bryan Dyer & Russel Wehsener As Seller's Reps
SOLDRetail

Grapevine Centre Sold With Roger Smeltzer As Buyer's Rep And Bryan Dyer & Russel Wehsener As Seller's Reps

1250 William D Tate Avenue

Building Size

85,421 SF

Asset Type

Retail

Closing

Dec 17, 2024

AI

The transaction involved the sale of Grapevine Centre, a fully leased retail center with an asset size of 85,421 square feet, located at 1250 William D Tate Avenue in Grapevine. The property features tenants such as Petco and Dollar Tree.

Summary of transaction details:

The Woodmont Company facilitated the sale, representing the seller, Grapevine Beall Center LLC. Roger Smeltzer from Vision Commercial represented the buyer during this transaction.

Players

Russel Wehsener

The Woodmont Company

Broker

$5.1M

vol

6 deals

Broker

Grapevine Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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