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455 Keller Parkway, Keller,...

Las Palapas Acquires Retail Property In Keller For $4.056M
SOLDRetail

Las Palapas Acquires Retail Property In Keller For $4.056M

455 Keller Parkway, Keller, TX 76248, USA

Building Size

4,056 SF

Asset Type

Retail

Closing

Aug 24, 2021

AI

A retail property located at 455 Keller Pkwy in Keller has been sold in a recent transaction. The property spans a total area of 4,056 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not available
  • Address: 455 Keller Pkwy
  • Market: Keller
  • Size: 4,056 square feet

The buyer in this transaction is Las Palapas. They were represented by David Sacher and Josh Beliak from the SHOP Companies. The seller was represented by David Zoller and Corbin Tanenbaum from Weitzman.

Players

David Zoller

Weitzman⁠

Broker

6 deals

Broker

Keller 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