Ford & Sons Real Estate Investors Acquires 6,000 SF Retail Property In Dallas
1604 W Northwest Hwy, Dallas, TX 75220, USA
Building Size
60,000 SF
Asset Type
Retail
Closing
Aug 23, 2020
About this deal
AI
Ford & Sons Real Estate Investors has acquired a retail property located at 1604 West Northwest Highway in Dallas. The property spans 6,000 square feet and was sold on August 24, 2020.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1604 West Northwest Highway, Dallas
- Market: Dallas
The seller's representatives for this transaction were Eric Deuillet & Troy Morgan from Structure Commercial. On the other hand, Greg Woodring from Kay Commercial represented the buyer, Ford & Sons Real Estate Investors.
Players
Dallas Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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