R Byron Roach LLC Sells 2,950 Sq Ft Retail Property In Garland, Texas To 7-Eleven For $1.94M

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.