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1420 East Us Highway 377

Updated Sep 28, 2026

Private Buyer Acquires Fully Leased Granbury Lakeside Center In Granbury Texas For Undisclosed Amount
SOLDRetail

Private Buyer Acquires Fully Leased Granbury Lakeside Center In Granbury Texas For Undisclosed Amount

1420 East Us Highway 377

Building Size

72,551 SF

Asset Type

Retail

Closing

Sep 15, 2026

About this deal

AI

A private buyer acquired a fully leased retail property with a total area of 72,551 square feet located at 1420 East Us Highway 377 in Granbury, Texas. The asset, known as Granbury Lakeside Center, sits on 6.02 acres and was constructed in 2019. It is leased on triple-net terms to tenants including HomeGoods, Ulta Beauty, Five Below, Cavender’s, and Aaron’s.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 1420 East Us Highway 377
  • Market: Granbury, TX
  • Asset Size: 72,551 square feet
  • Acres: 6.02
  • Broker: Philip Levy - Marcus & Millichap

The transaction was facilitated by Philip Levy representing the private buyer through Marcus & Millichap. This deal was executed off-market, highlighting the discrete nature of the transaction between the private buyer and seller.

On the Map

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Retail

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Players

Philip Levy

Marcus & Millichap

Broker

$34.7M

vol

48 deals

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Russell Springs 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

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