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310 West Broadway Street
SOLD

Alexander Szikla Acquires Retail Property In Andrews With Marcus & Millichap's Representation

310 West Broadway Street

Retail
24,452 SF
clock iconSold 39 days ago
Sai Thakor
Wyatt Andreu
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Summary

Sale
TEXAS
Retail
24,452 sqft

The property at 310 West Broadway Street in Andrews, Texas, is a retail asset spanning 24,452 square feet. This property was recently sold in a transaction that involved only fuel sales, achieving a 22% C-on-C return for the investor. The buyer, Alexander Szikla, acquired the property for an undisclosed amount in an all-cash deal. The market where the property is located is Andrews, and the transaction was facilitated by brokers Sai Thakor and Wyatt Andreu of Marcus & Millichap.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Disclosed
  • Buyer: Alexander Szikla
  • Market: Andrews
  • Brokers: Sai Thakor & Wyatt Andreu - Marcus & Millichap

The transaction at 310 W Broadway Street attracted significant interest, with 12 offers received within the two weeks it was on the market. Ultimately, an investor from New York, seeking a profitable venture with minimal management, successfully closed the deal. Sai Thakor and Wyatt Andreu of The Luna Thakor Group played pivotal roles in representing both the seller and the buyer, ensuring a smooth and successful transaction.

Players

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    3

  • Agents

    2

  • Agencies

    1

Sai Thakor's profile picture
Sai Thakor
Marcus & Millichap-image
Associate
$62.8M Sold
Wyatt Andreu's profile picture

Details

Deal Summary
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SOLD
IMAGE: Sai Thakor & Wyatt Andreu DATE: 06/12/2024 ADDRESS: 310 West Broadway Street MARKET: Andrews ASSET TYPE: Retail ~ SF: 24,452 BUYER: Alexander Szikla (@Rocksonadvisory) BROKERS: Sai Thakor (@SaiThakor) & Wyatt Andreu (@WyattAndreu) - Marcus & Millichap (@MarcusMillichapinc) NOTE FROM BROKER: Marcus & Millichap is pleased to announce the closing of 310 W Broadway Street, located in Andrews, Texas. The property received 12 offers while being on market for two weeks. The property was acquired by an investor from New York looking to make a lucrative return with minimal management. Wyatt Andreu & Sai Thakor of The Luna Thakor Group represented both seller & buyer in this transaction. Deal Highlights: - Only Fuel Sales - 22% C-on-C return - Out of State all Cash Investor

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Address310 West Broadway Street

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