SHOP Companies Acquires Retail Property In Frisco For $19.5M
2552 Stonebrook Parkway, Frisco, TX, USA
Building Size
30,697 SF
Asset Type
Retail
Closing
May 18, 2021
About this deal
AI
The retail property located at 2552 Stonebrook Parkway in Frisco has been sold. The transaction was facilitated by SHOP Companies, a brokerage firm. The property spans a total area of 30,697 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not provided
- Address: 2552 Stonebrook Parkway
- Market: Frisco
The deal was brokered by SHOP Companies, a prominent real estate agency specializing in commercial properties.
Traded’s record for 2552 Stonebrook Parkway, Frisco, TX, USA in Frisco, Texas covers a retail sale from 2021. The building is 30,697 square feet, implying about 0 per square foot on the published price. This page is the Frisco, Texas file for the 2552 Stonebrook Parkway, Frisco, TX, USA retail sold: pricing, party profiles, and other closed retail comps from the same Frisco sit in the Market section below. Filter that Frisco retail set by closing date to see what else sold near 2552 Stonebrook Parkway, Frisco, TX, USA around 2021. Cite this SHOP Companies Acquires Retail Property In Frisco For $19.5M sale when underwriting similar retail product around Frisco, Texas.
Players
Frisco 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