SOLD
R Byron Roach LLC Sells 2,950 Sq Ft Retail Property In Garland, Texas To 7-Eleven For $1.94M
1426 Beltline Road
Retail
2,950 SF
2,950 SF
Sold 271 days ago
Summary
Sale
TEXAS
Retail
2,950 sqft
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
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Nicolas Anzalone & Sam Judd
DATE: 08/15/2023
ADDRESS: 1426 Beltline Road
MARKET: Garland
ASSET TYPE: Retail ~ ACRES: 0.56
SELLER: R Byron Roach LLC
BROKERS: Nicolas Anzalone & Sam Judd - Silber Investment Properties (@SilberProperties)
SALE PRICE: $1,940,000
SF: 2,950 ~ PPSF: $658
NOTE: Silber Investment Properties brokered the $1.94 million sale of a 2,950 sq ft retail property in Garland, Texas, net-leased to 7-Eleven as part of a 1031 tax exchange, achieving a 6% cap rate.View on map
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Address1426 Beltline Road
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