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130 Northwest John Jones Drive

KC Bills Of Westwood Financial Acquires South Town Crossing II Retail Center In Burleson For Unspecified Amount
SOLDRetail

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

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.

Players

KC Bills

Westwood Financial

Buyer

2 deals

Buyer

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