Joe Santelli Of Marcus & Millichap Sells Retail Property On Fitzhugh Avenue In Dallas For Unspecified Amount
2801 North Fitzhugh Avenue, Dallas, TX, USA
Building Size
2,500 SF
Asset Type
Retail
Closing
Nov 18, 2020
About this deal
AI
2801 N. Fitzhugh Avenue in Dallas has been sold in a retail transaction. The property spans across 2,500 square feet and features a retail space. The transaction took place on November 19, 2020. Joe Santelli from Marcus & Millichap represented the buyer and seller in this deal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Address: 2801 N. Fitzhugh Avenue
- Market: Dallas
- Size: 2,500 square feet
- Broker: Joe Santelli - Marcus & Millichap
The involvement of Joe Santelli from Marcus & Millichap as a broker in this retail transaction highlights the expertise and representation provided by Marcus & Millichap. Joe Santelli successfully facilitated the deal between the buyer and seller, ensuring a smooth transfer of ownership for 2801 N. Fitzhugh Avenue in Dallas.
Players
Dallas Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas retail sales on Traded.
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