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12633 South Freeway

Mohinder Pall Purchases Retail Property From Vista Property Co Represented By Grant Fleming & Chris Adams
SOLDRetail

Mohinder Pall Purchases Retail Property From Vista Property Co Represented By Grant Fleming & Chris Adams

12633 South Freeway

Building Size

6,967 SF

Asset Type

Retail

Closing

May 5, 2025

AI

The property asset involved in this transaction is a retail space located at 12633 South Freeway in Burleson, encompassing a total square footage of 6,967. The sale reflects an active real estate market within the Burleson area, focusing on commercial retail opportunities.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 12633 South Freeway
  • Market: Burleson
  • Buyer: Mohinder Pall
  • Seller: Vista Property Co
  • Seller's Representative: Syd Hurley (CEO)
  • Broker: Grant Fleming & Chris Adams
  • Broker Agency: NorthMarq Capital

The deal involved Mohinder Pall as the buyer and Vista Property Co as the seller, represented by CEO Syd Hurley. The brokerage firm NorthMarq Capital facilitated the sale with brokers Grant Fleming and Chris Adams handling the transaction process.

Players

Grant Fleming

NorthMarq

Broker

1 deal

Broker
NorthMarq Capital
NorthMarq CapitalBrokerage

Burleson 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