Giovanni Duque Purchases Retail Asset From Bill Sterling For $700,000 In Crosby
2800 Crosby Freeway
$700,000
$46/SF
Building Size
15,000 SF
Asset Type
Retail
Closing
Nov 6, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 2800 Crosby Freeway in the Crosby market. The sale price amounted to $700,000 for a total area of 15,000 square feet, resulting in a price per square foot of $46.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $700,000
- Address: 2800 Crosby Freeway
- Market: Crosby
- Square Footage: 15,000
- Price per Square Foot: $46
- Buyer: Giovanni Duque
- Seller: Bill Sterling
- Buyer's Representative: Amanda Corral - Amada Agency
- Seller's Representative: Sterling Bond - Keller Williams Realty
- Attorney: SelectTitle
Key individuals involved in the deal include the buyer, Giovanni Duque, and the seller, Bill Sterling. The transaction was represented by Amanda Corral of Amada Agency as the buyer's representative and Sterling Bond of Keller Williams Realty as the seller's representative, ensuring a smooth process between both parties.
On the Map
$700,000
$46/SF
Retail
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Players
Crosby 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
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93