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3000 East Broad Street

DuWest Realty Represents Off-Market Sale Of 8297 SF Retail Development In Mansfield Texas
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DuWest Realty Represents Off-Market Sale Of 8297 SF Retail Development In Mansfield Texas

3000 East Broad Street

Building Size

8,297 SF

Asset Type

Retail

Closing

Mar 7, 2025

AI

The property asset involved in the transaction is Village at Broad III, a 8,297 square foot multi-tenant retail development located at 3000 East Broad Street, Mansfield, TX. This asset was sold off-market, highlighting its distinct presence along Broad Street.

Summary of transaction details:

The deal involved representation from Will Walters, Alex Speed, and Josie Trent of Duwest Realty, who facilitated the transaction of this retail property, ensuring a successful off-market sale in the competitive Mansfield area.

Players

Alex Speed

Duwest Realty

Broker

$3.3M

vol

8 deals

Broker

Mansfield 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