SOLDRetail
Shannon Waltchack Acquires Retail Property In Midland, Texas
3415 Loop 250, Midland, Texas 79707, United States
Building Size
46,000 SF
Asset Type
Retail
Closing
Jul 6, 2022
About this deal
AI
Andrew Patterson has shared an image of a property on Loop 250 in Midland. The property is a retail asset with a size of 46,000 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned in the provided CONTEXT
- Address: 3415 Loop 250
- Market: Midland
- Buyer: Shannon Waltchack (SW) Neighborhood Center II - Andrew Patterson
Shannon Waltchack, represented by Andrew Patterson, was the buyer in this closed property transaction. No additional information is available regarding the transaction amount.
Players
Midland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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