SOLDRetail
Disney Investment Group Acquires Retail Property In McKinney At 1801 N. Lake Forest Dr
1801 North Lake Forest Drive, McKinney, Texas 75071, United States
Building Size
37,500 SF
Asset Type
Retail
Closing
Mar 8, 2022
AI
David Disney & Adam Crockett from Disney Investment Group (DIG) represented the buyer and seller in the recent retail property transaction at 1801 N. Lake Forest Dr. in McKinney. The property, with a total area of 37,500 square feet, was sold on 03/09/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1801 N. Lake Forest Dr.
- Market: McKinney
- Brokers: David Disney & Adam Crockett - Disney Investment Group (DIG)
No additional details about the transaction were provided.
Players
McKinney 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