Vista Property Co. Acquires Retail Property In Frisco, TX From InvenTrust Properties Corp
2930 Preston Road, Frisco, TX 75034, USA
Building Size
227,041 SF
Asset Type
Retail
Closing
Dec 10, 2021
AI
Located at 2930 Preston Rd in Frisco, TX, a retail property spanning approximately 227,041 square feet has been sold in a recent transaction. The sale was completed on 12/10/2021, involving the buyer Vista Property Co. and the seller InvenTrust Properties Corp.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not provided in CONTEXT
- Address: 2930 Preston Rd, Frisco, TX
- Market: Frisco, TX
- Asset Type: Retail
- Square Footage: 227,041
The sale of this retail property was facilitated by Ryan Shore, Chris Gerard, Barry Brown, and Jack Copher from JLL, representing both the buyer and the seller.
Players
Frisco Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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