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200 N Mesquite St, Arlingto...

Updated Dec 21, 2023

SkyWalker Property Partners Acquires Retail Property In Arlington
SOLDRetail

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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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

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