Daily limit: 0/10
R Byron Roach LLC Sells 2,950 Sq Ft Retail Property In Garland, Texas To 7-Eleven For $1.94M
SOLD
$1,940,000
Texas
See Similar DealsRetail2,950 SF
Sold 08/15/2023
SOLD
R Byron Roach LLC Sells 2,950 Sq Ft Retail Property In Garland, Texas To 7-Eleven For $1.94M
1426 Belt Line Rd Garland, TX 75044, USA
See Similar DealsRetail2,950 SF
Sold 08/15/2023
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$657
Total Square Footage:2,950 SF
Transaction Type:Sale
A 2,950 sq ft retail property located at 1426 Beltline Road in Garland, Texas, has been sold for $1,940,000. The property, occupied by 7-Eleven under a net lease agreement, was part of a 1031 tax exchange. The transaction achieved a 6% cap rate.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,940,000
- Square Footage: 2,950 sq ft
- Address: 1426 Beltline Road, Garland, Texas
- Market: Garland
The sale was brokered by Nicolas Anzalone and Sam Judd of Silber Investment Properties. They represented R Byron Roach LLC, the seller in the transaction. Silber Investment Properties facilitated the successful transaction, which involved the sale of the retail property to 7-Eleven.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,892.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,196.59
Annual Debt Service$110,359.08
Is there something missing? Send suggestions