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3442 N 1st St Abilene, TX 7...

Updated Sep 9, 2024

Beshoy Rafla Acquires Retail Property In Abilene, TX For $560,000
SOLDRetail

Beshoy Rafla Acquires Retail Property In Abilene, TX For $560,000

3442 N 1st St Abilene, TX 79603, USA

$560,000

$37/SF

Building Size

15,034 SF

Asset Type

Retail

Closing

May 5, 2023

About this deal

AI

A retail property located at 3442 North 1st Street in Abilene, TX has been sold for a price of $560,000. The property spans 15,034 square feet, resulting in a price per square foot of $37.

Summary of transaction details

The transaction was facilitated by the brokerage team of Lee Cordova, Evan Poole, and Drew Boroughs from Matthews Real Estate Investment Services.

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$560,000

$37/SF

Retail

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Players

Drew Boroughs

Matthews

Broker

$560K

vol

2 deals

Broker
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Texas Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $37 per square foot on a published $560K for 15,034 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

28.33%

Cash-on-Cash

-8.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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