Private Investor Acquires Shell Travel Center In Northeast Texas Through 1031 Exchange Represented By CBRE
Building Size
9,557 SF
Asset Type
Retail
Closing
Jun 15, 2026
AI
The asset involved in this transaction is a retail property categorized as a Shell Travel Center, notable for being one of the highest-performing truck stops in Northeast Texas. The total square footage of the asset is 9,557.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Date of Transaction: 06/16/2026
- Market: Northeast Texas
- Broker Representation: Wyatt Andreu & Sai Thakor - CBRE
- Buyer: A private investor
- Transaction Method: Acquired through a 1031 exchange
CBRE successfully represented both the buyer and seller in this transaction, demonstrating their expertise in closing deals for high-performing assets in the retail sector. The collaboration between Wyatt Andreu and Sai Thakor highlights the effectiveness of CBRE's representation in significant property transactions.
Players
Market 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93