KC Bills Of Westwood Financial Acquires South Town Crossing II Retail Center In Burleson For Unspecified Amount
130 Northwest John Jones Drive
Building Size
23,300 SF
Asset Type
Retail
Closing
Jul 31, 2026
About this deal
AI
Westwood Financial acquired a retail property located at 130 Northwest John Jones Drive in Burleson, Texas. The shopping center encompasses a total area of 23,300 square feet and is fully leased, anchored by Target. This acquisition expands Westwood Financial's holdings in the South Town Crossing development to a total of 83,286 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 130 Northwest John Jones Drive
- Market: Burleson, TX
- Asset Size: 23,300 square feet
- Buyer: KC Bills
- Buyer's Agent: Westwood Financial
This transaction is part of Westwood Financial's strategy to reinforce its retail presence within the expanding Dallas-Fort Worth market. The acquisition of the South Town Crossing II shopping center underlines their commitment to long-term investment in this region.
On the Map
Retail
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Players
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