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
About this deal
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.
On the Map
Retail
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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