Boulder Group Sells Retail Property In Sherman, Grayson County For $5.9 Million
4000 North Highway 75, Sherman, Grayson County, TX, USA
Building Size
20,000 SF
Asset Type
Retail
Closing
Mar 4, 1920
About this deal
AI
The property involved in this closed transaction is a retail asset located at 4000 N Hwy 75 in Sherman, Grayson County. It was sold on 03/05/2020 for a total of $295.00 per square foot. The property has a total area of 20,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $295.00
The deal was facilitated by The Boulder Group, represented by Jimmy Goodman and Randy Blankstein.
Traded’s record for 4000 North Highway 75, Sherman, Grayson County, TX, USA in Sherman, Texas covers a retail sale. The building is 20,000 square feet, implying about 0 per square foot on the published price. Jimmy Goodman, Randy Blankstein, The Boulder Group appear on the sale alongside The Boulder Group. This page is the Sherman, Texas file for the 4000 North Highway 75, Sherman, Grayson County, TX, USA retail sold: pricing, party profiles, and other closed retail comps from the same Sherman sit in the Market section below. Cite this Boulder Group Sells Retail Property In Sherman, Grayson County For $5.9 Million sale when underwriting similar retail product around Sherman, Texas.
Players
Sherman 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