Colliers International Represents Skywalker Property Partners In Sale Of Retail Property In Wichita Falls
2600 Central East Freeway, Wichita Falls, Texas 76302, United States
Building Size
22,130 SF
Asset Type
Retail
Closing
May 1, 2022
AI
The retail property located at 2600 Central E. Freeway in Wichita Falls has been sold. The property spans approximately 22,130 square feet and sits on a 2.6-acre lot. The transaction took place on May 2, 2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Market: Wichita Falls
- Address: 2600 Central E. Freeway
- Square Footage: 22,130
- Lot Size: 2.6 acres
The seller of the property was SkyWalker Property Partners, represented by Gary Walker. The buyer's representative in the deal was Zack Ficke from Colliers International.
Players
Wichita Falls 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