SOLDRetail
United Commercial Development Sells 2,700 SF Retail Property In Frisco, TX
16599 Farm-to-Market Road 423
Building Size
2,700 SF
Asset Type
Retail
Closing
Jan 19, 2024
AI
The retail property located at 16599 F.M. 423 in Frisco, TX has been sold in a recent transaction. The property spans across 2,700 square feet and was offered by United Commercial Development.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Address: 16599 F.M. 423, Frisco, TX
- Market: Frisco, TX
- Seller: United Commercial Development
- Seller's Representative: Cameron Deptula - Davidson Bogel Real Estate
Cameron Deptula from Davidson Bogel Real Estate represented the seller, United Commercial Development, in this transaction.
Players
Plano 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