Marcus & Millichap Sells Retail Property In Mansfield, Texas For $19.5M

The retail property located at 26 East Debbie Lane in Mansfield has been sold in a closed transaction. The property spans a total area of 18,138 square feet and is situated in a prime location. The deal was finalized on 08/06/2020 with a cap rate of 6.00/8.93%. The property boasts prominent tenants such as Mama’s Pizza, Beer & Wine World, Vintage Barber Shop, Debbie Donuts, Unique Threading Salon, and more.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: [VALUE]
• Address: 26 East Debbie Lane, Mansfield
• Market: Mansfield
• Brokers: Philip Levy & Chris Gainey – Marcus & Millichap
• Square Footage: 18,138
• Cap Rate: 6.00/8.93%

The sale of this retail property was facilitated by brokers Philip Levy and Chris Gainey from Marcus & Millichap. Their expertise and negotiation skills were instrumental in ensuring a successful transaction. With a diverse range of high-quality tenants, the property presents an attractive investment opportunity in the bustling Mansfield market.