SOLDRetail
Patrick Hunt & Cullen Finnegan Represent Sale Of Retail Property At 3010 Main Street In Dallas
3010 Main Street
Building Size
5,025 SF
Asset Type
Retail
Closing
Sep 24, 2024
AI
The asset involved in this transaction is a retail property located at 3010 Main Street, Dallas. The property encompasses a total area of 5,025 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 3010 Main Street
- Date of Transaction: 09/24/2024
- Market: Dallas
- Broker Representatives: Patrick Hunt & Cullen Finnegan - Trinity Southwest Commercial Real Estate
Patrick Hunt and Cullen Finnegan served as the broker representatives in this deal, facilitating the transaction for the involved parties through their agency, Trinity Southwest Commercial Real Estate.
Players
Dallas 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