Stan Johnson Company Acquires Retail Property In Dallas For $6.4M With Broker Mark Lovering

Mark Lovering captured the 2060 S. Buckner Blvd. retail property in Dallas, which was recently sold for $6,400,000. Spanning across 15,120 square feet, the property boasts a competitive price per square foot of $423. With a cap rate of 6.09%, this retail asset presents an attractive investment opportunity in the Dallas market.

Summary of transaction details

• Property Type: Retail
• Sale Price: $6,400,000
• Square Footage: 15,120
• Price Per Square Foot: $423
• Cap Rate: 6.09%

Leading the transaction was the Stan Johnson Company, who acted as the buyer in this deal. Mark Lovering, from an undisclosed agency, served as the broker representing the buyer throughout the negotiation process. Together, they successfully facilitated the acquisition of this promising retail property.