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
About this deal
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.
On the Map
Retail
View full map
Players
Burleson Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Burleson retail sales on Traded.
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