SkyWalker Property Partners Acquires Retail Property In Arlington
200 N Mesquite St, Arlington, TX, USA
Building Size
28,211 SF
Asset Type
Retail
Closing
Mar 18, 2021
About this deal
AI
Located at 200 N. Mesquite St., in Arlington, this retail property was recently sold. The transaction took place on March 19, 2021, and the property spans a total of 28,211 square feet, offering ample space for retail activities. The property is situated in the bustling market of Arlington, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 03/19/2021
- Address: 200 N. Mesquite St.
- Market: Arlington
- SF: 28,211
The buyer of this property is SkyWalker Property Partners, represented by Gary Walker & Hangover Opportunity Fund. The involvement of these key individuals and their respective company highlights their interest in making this transaction. SkyWalker Property Partners is a reputable agency with expertise in property investments and acquisitions. With this successful purchase, they have expanded their portfolio in the Arlington market.
Players
Arlington 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