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Private Investor Acquires 115736 Square Foot Retail Center In Frisco With Buyer's Rep Matthews Real Estate
SOLD
Texas
See Similar DealsRetail115,736 SF
Sold 09/06/2024
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:115,736 SF
Transaction Type:Sale
The transaction involved a retail center located at 1690 FM 423 in Frisco, comprising 115,736 square feet and situated on 14.7 acres. The property is notably 97% leased, featuring tenants such as Capriotti’s Sandwich Shop and Flix Brewhouse.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 1690 FM 423
- Market: Frisco
- Square Footage: 115,736
- Acres: 14.7
- Buyer's Representative: Baylor Worman & Grayson Duyck - Matthews Real Estate Investment Services
- Seller's Representative: Jared Aubrey & Michael Austry - CBRE
The sale was facilitated by Matthews Real Estate Investment Services, with Baylor Worman and Grayson Duyck representing the buyer, a private investor. The seller was represented by Michael Austry and Jared Aubrey from CBRE.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
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Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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