BH Properties Acquires Retail Property In Plano For 361,780 SF
1701 Preston Road, Plano, TX 75093, USA
Building Size
361,780 SF
Asset Type
Retail
Closing
Jun 2, 2020
About this deal
AI
The retail property located at 1701 Preston Rd in Plano has been sold. The property spans approximately 361,780 square feet and is situated on a 31-acre lot. The transaction was completed on June 2, 2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1701 Preston Rd, Plano
- Market: Plano
- Square Footage: 361,780
- Acres: 31
The buyer of the property is BH Properties, represented by Steve Gozini & Jim Brooks.
Traded’s record for 1701 Preston Road, Plano, TX 75093, USA in Plano, Texas covers a retail sale from 2020. The building is 361,780 square feet, implying about 0 per square foot on the published price. This page is the Plano, Texas file for the 1701 Preston Road, Plano, TX 75093, USA retail sold: pricing, party profiles, and other closed retail comps from the same Plano sit in the Market section below. Filter that Plano retail set by closing date to see what else sold near 1701 Preston Road, Plano, TX 75093, USA around 2020. Cite this BH Properties Acquires Retail Property In Plano For 361,780 SF sale when underwriting similar retail product around Plano, Texas.
Players
Plano 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