Wright-Ray LLC & LWR Williams Landing LLC Acquire Retail Centers In Georgetown And Temple, TX
2325 South 57th Street & 3920 Williams Drive
Building Size
58,845 SF
Asset Type
Retail
Closing
Oct 5, 2026
About this deal
AI
The transaction involved two nearly fully leased retail centers located at 2325 South 57th Street & 3920 Williams Drive in the Temple & Georgetown, TX markets. The retail asset spans a total of 58,845 square feet and includes Legends Plaza, measuring 44,068 square feet, and William’s Landing, with a size of 14,777 square feet.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Undisclosed
- Buyer: Wright-Ray LLC & LWR Williams Landing LLC
- Seller: Mark & Tina Bounds & Williams Dr Ventures LLC
- Brokers: Chris Gainey, Philip Levy, Coleman Solomon, Scott Jones, Gus Lagos & Alex Wolansky - Marcus & Millichap
Marcus & Millichap successfully facilitated the sale on 10/05/2026, representing the sellers in both transactions for the retail centers. The specifics regarding the buyers and sale prices remain undisclosed.
On the Map
Retail
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Players
Temple 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