Baceline Group Acquires Retail Property In Dallas & McKinney
19009 Preston Road, Dallas, Texas 75252, United States
Building Size
78,311 SF
Asset Type
Retail
Closing
Dec 22, 2021
About this deal
AI
The retail property located at 19009 Preston Road & 4150 Eldorado Parkway in Dallas & McKinney has been sold. The property spans a total of 78,311 square feet and is situated in a prime location.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 19009 Preston Road & 4150 Eldorado Parkway
- Market: Dallas & McKinney
- Square footage: 78,311
The buyer of this property is Baceline Group, represented by Dusty Batsell & Brian Capstick. Their involvement in the deal showcases their expertise in the retail sector and their commitment to growing their portfolio.
Players
Dallas 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