Hudson Lambert's Strive Facilitates Sale Of Retail Property In Melissa
4220 East Melissa Road, Melissa, Texas 75454, United States
Building Size
32,116 SF
Asset Type
Retail
Closing
Sep 15, 2022
About this deal
AI
Located at 4220 E Melissa Rd in Melissa, this retail property recently sold. With a size of 32,116 square feet, the property offers ample space for various retail businesses in the area.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Melissa
The sale of this retail property was facilitated by Hudson Lambert from Strive. As the broker representing the deal, Lambert played an essential role in bringing the buyer and seller together.
Traded’s record for 4220 East Melissa Road, Melissa, Texas 75454, United States in Melissa, Texas covers a retail sale from 2022. The building is 32,116 square feet, implying about 0 per square foot on the published price. Hudson Lambert, Strive appear on the sale alongside Strive. This page is the Melissa, Texas file for the 4220 East Melissa Road, Melissa, Texas 75454, United States retail sold: pricing, party profiles, and other closed retail comps from the same Melissa sit in the Market section below. Filter that Melissa retail set by closing date to see what else sold near 4220 East Melissa Road, Melissa, Texas 75454, United States around 2022. Cite this Hudson Lambert's Strive Facilitates Sale Of Retail Property In Melissa sale when underwriting similar retail product around Melissa, Texas.
Players
Melissa 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