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:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Square Footage: 8,297
- Address: 3000 East Broad Street
- Market: Mansfield
- Brokers: Will Walters, Alex Speed & Josie Trent - Duwest Realty
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
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