SOLDRetail
JMK5 Holdings LLC Acquires Retail Property In El Paso
4583 Tetons Drive, El Paso, TX, USA
Building Size
186,880 SF
Asset Type
Retail
Closing
Sep 30, 2021
AI
The retail property located at 4583-4661 Tetons Dr in El Paso has been sold. The property has a total square footage of 186,880. The sale took place on September 30, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 4583-4661 Tetons Dr
- Market: El Paso
- Square Footage: 186,880
JMK5 Holdings LLC is the buyer of the property. The deal was facilitated by brokers David Luther, Kelley Workman, and Dakota Workman from NewQuest Properties.
Players
El Paso Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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