facebook
Traded Co logo
Submit
Daily limit: 0/10

Local Private Investment Group Acquires Fully Leased Retail Center In Rowlett, Texas

Property Image
SOLD
Michael Austry
Jared Aubrey

Texas

See Similar Deals
Retail28,119 SF
Sold 10/18/2023
the dealplayerscompscontact
Property Image
SOLD

Local Private Investment Group Acquires Fully Leased Retail Center In Rowlett, Texas

3801 Lakeview Parkway

See Similar Deals
Retail28,119 SF
Sold 10/18/2023
Michael Austry
Jared Aubrey
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:28,119 SF
Transaction Type:Sale

Local investment firm Standridge Cos. has sold the Expo Center, a fully leased 28,119-square-foot shopping center located at 3801 Lakeview Parkway in Rowlett, Texas. The property, situated on 3.4 acres of land, was sold to a local private investment group. The deal was facilitated by CBRE's brokers, Jared Aubrey and Michael Austry.

Summary of transaction details:

  • Property Type: Retail
  • Square Footage: 28,119
  • Acres: 3.4
  • Address: 3801 Lakeview Parkway
  • Market: Rowlett
  • Seller: Standridge Cos - Stacy O Standridge
  • Brokers: Jared Aubrey & Michael Austry - CBRE

The Expo Center, a fully leased shopping center in Rowlett, Texas, has been bought by a local private investment group. Standridge Cos., a local investment firm, acted as the seller. The transaction was handled by CBRE's brokers, Jared Aubrey and Michael Austry.

Players

Michael Austry
CBRE
Michael Austry
6 deals$6.5M volume
BROKER
Jared Aubrey
CBRE
Jared Aubrey
5 deals(214) 252-1031
BROKER

Details

SOLD
IMAGE: Stacy O Standridge, Jared Aubrey & Michael Austry ADDRESS: 3801 Lakeview Parkway MARKET: Rowlett ASSET TYPE: Retail ~ SF: 28,119 ~ ACRES: 3.4 SELLER: Standridge Cos - Stacy O Standridge BROKERS: Jared Aubrey & Michael Austry - CBRE (@CBRE) NOTE: Local investment firm Standridge Cos. has sold the Expo Center, a fully leased 28,119-square-foot shopping center in Rowlett, Texas. The buyer was a local private investment group, and the deal was handled by CBRE.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00