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15250 Dallas Parkway, Dalla...

Marcus & Millichap Sells Retail Property On Dallas Pkwy In Dallas
SOLDRetail

Marcus & Millichap Sells Retail Property On Dallas Pkwy In Dallas

15250 Dallas Parkway, Dallas, Texas 75248, United States

Building Size

11,257 SF

Asset Type

Retail

Closing

Mar 14, 2022

AI

The retail property located at 15250 Dallas Pkwy in Dallas has been sold in a transaction that took place on 03/15/2022. The property, comprising 11,257 square feet, was listed by Marcus & Millichap brokers Chris Gainey and Philip Levy.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 15250 Dallas Pkwy
  • Market: Dallas
  • Square Footage: 11,257

The deal was facilitated by Chris Gainey and Philip Levy, representing Marcus & Millichap.

Players

Chris Gainey

Marcus & Millichap

Broker

$9.8M

vol

14 deals

Broker

Dallas 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