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3009 South Custer Road, McK...

Jason Vitorino & Hudson Lambert Of STRIVE Facilitate Sale Of 15,690 SF Retail Property In McKinney
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Jason Vitorino & Hudson Lambert Of STRIVE Facilitate Sale Of 15,690 SF Retail Property In McKinney

3009 South Custer Road, McKinney, TX 75070

Building Size

15,690 SF

Asset Type

Retail

Closing

May 24, 2020

AI

A retail property located at 3009 S Custer Road in McKinney has been sold. The transaction was completed on 05/24/2021. The property spans 15,690 square feet.

Summary of transation details

The deal was facilitated by the brokers Jason Vitorino and Hudson Lambert of STRIVE.

Players

Hudson Lambert

Summit RE

Broker

19 deals

Broker

McKinney 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