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3010 Main Street

Patrick Hunt & Cullen Finnegan Represent Sale Of Retail Property At 3010 Main Street In Dallas
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:

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

Patrick Hunt

Trinity Southwest Commercial Real Estate

Broker

11 deals

Broker

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