Big Sky Estate Investments LLC Acquires Retail Property In McAllen For $X.XM
1800 South Main Street, McAllen, TX, USA
Building Size
172,000 SF
Asset Type
Retail
Closing
Jan 3, 2021
About this deal
AI
A retail property located at 1800 South Main Street in McAllen has been sold. The property spans 172,000 square feet and was sold on January 4, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1800 South Main Street
- Market: McAllen
- Square Footage: 172,000
The buyer of the property is Big Sky Estate Investments LLC. The transaction was facilitated by Daniel Galvan from Coldwell Banker Commercial Rio Grande Valley.
Traded’s record for 1800 South Main Street, McAllen, TX, USA in McAllen, Texas covers a retail sale from 2021. The building is 172,000 square feet, implying about 0 per square foot on the published price. Daniel Galvan, Julissa Trevino, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the McAllen, Texas file for the 1800 South Main Street, McAllen, TX, USA retail sold: pricing, party profiles, and other closed retail comps from the same McAllen sit in the Market section below. Filter that McAllen retail set by closing date to see what else sold near 1800 South Main Street, McAllen, TX, USA around 2021. Cite this Big Sky Estate Investments LLC Acquires Retail Property In McAllen For $X.XM sale when underwriting similar retail product around McAllen, Texas.
Players
McAllen 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