Strive Commercial Real Estate Advisors Acquires Retail Property In Mesquite For 34,436 SF
3224 Gus Thomasson Rd, Mesquite,Texas
Building Size
34,436 SF
Asset Type
Retail
Closing
Feb 6, 2023
About this deal
AI
A retail property located at 3224 Gus Thomasson Rd in Mesquite was recently sold. The property has a total area of 34,436 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3224 Gus Thomasson Rd
- Market: Mesquite
- Square Footage: 34,436
The sale of this retail property was facilitated by Max Kelt and Hudson Lambert of Strive Commercial Real Estate Advisors.
Traded’s record for 3224 Gus Thomasson Rd, Mesquite,Texas in Mesquite, Texas covers a retail sale from 2023. The building is 34,436 square feet, implying about 0 per square foot on the published price. Hudson Lambert, Strive appear on the sale alongside Strive. This page is the Mesquite, Texas file for the 3224 Gus Thomasson Rd, Mesquite,Texas retail sold: pricing, party profiles, and other closed retail comps from the same Mesquite sit in the Market section below. Filter that Mesquite retail set by closing date to see what else sold near 3224 Gus Thomasson Rd, Mesquite,Texas around 2023. Cite this Strive Commercial Real Estate Advisors Acquires Retail Property In Mesquite For 34,436 SF sale when underwriting similar retail product around Mesquite, Texas.
Players
Mesquite 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