facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Retail

/

Sale

/

1701 Airport Freeway

Raphael Ziad Purchases Retail Asset From John Zhang In Bedford For $10.5 Million
SOLDRetail

Raphael Ziad Purchases Retail Asset From John Zhang In Bedford For $10.5 Million

1701 Airport Freeway

Building Size

46,440 SF

Asset Type

Retail

Closing

Dec 4, 2024

AI

The property asset involved in this transaction is a retail space located at 1701 Airport Freeway in Bedford, encompassing a total area of 46,440 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Date of Transaction: 12/04/2024
  • Buyer: Raphael Ziad
  • Seller: John Zhang
  • Broker: Eric Deuillet - Structure Commercial

This transaction was facilitated by Eric Deuillet, representing Structure Commercial, who played a crucial role in navigating the sale between buyer Raphael Ziad and seller John Zhang.

Players

Eric Deuillet

Broker

$14.1M

vol

13 deals

Broker
Structure Commercial
Structure CommercialBrokerage

Bedford Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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