BH Properties Acquires Retail Property In Round Rock For 245,720 SF
3021 South Interstate 35, Round Rock, Texas 78664, United States
Building Size
245,720 SF
Asset Type
Retail
Closing
Mar 23, 2022
AI
The retail property located at 3021 S I-35 Frontage Rd in Round Rock has been sold. The property has a total area of 245,720 square feet and is situated along the I-35 Frontage Road.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 03/24/2022
- Market: Round Rock
- Address: 3021 S I-35 Frontage Rd
- Square Footage: 245,720
The buyer of the property is BH Properties. The seller was represented by Mart Martindale, Brandon Beeson, and Wilson Stafford from Edge Realty Partners.
For more information, you can visit the website of the seller's representative, Edge Realty Partners, at www.edge-re.com.
Players
Round Rock Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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