SOLDRetail
Nayeb Group Sells Retail Property In Irving, TX, With Buyer's Rep David Disney & Adam Crockett
3535 N Belt Line Rd, Irving, TX 75062, USA
Building Size
124,289 SF
Asset Type
Retail
Closing
Mar 2, 2021
AI
The property asset involved in this transaction is a retail property located at 3535-3561 N Belt Line Road in Irving. The property spans approximately 124,289 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 03/03/2021
- Market: Irving
- Seller: Nayeb Group
- Brokers: David Disney & Adam Crockett - Disney Investment Group
The transaction was facilitated by David Disney and Adam Crockett from Disney Investment Group, representing the seller, Nayeb Group.
Players
Irving 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