Edge Capital Markets Acquires Retail Property In Arlington
459 East Interstate 20
Building Size
52,000 SF
Asset Type
Retail
Closing
Oct 2, 2021
AI
Located at 459 E. Interstate 20 in Arlington, this retail property recently changed hands in a sale transaction. The property is situated in a prime location, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
The sale of this retail property was facilitated by brokers Micha van Marcke and Chace Henke from Edge Capital Markets. Their expertise in the market played a crucial role in bringing together the buyer and seller and ensuring a successful transaction.
Players
Arlington 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