Charlie Bernet Acquires Retail Property In Lubbock From Dan Boone
4950 South Loop 289, Lubbock, Texas 79414, United States
Building Size
7,041 SF
Asset Type
Retail
Closing
Apr 27, 2022
About this deal
AI
4950 S. Loop 289 in Lubbock has been sold in a retail transaction. The property spans 7,041 square feet and was sold on April 28, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 4950 S. Loop 289
- Market: Lubbock
- Square Footage: 7,041
Charlie Bernet has acquired the property from Dan Boone. The deal was facilitated by Nathan Roberto and Andrew Ivankovich from Matthews Real Estate Investment Services.
Traded’s record for 4950 South Loop 289, Lubbock, Texas 79414, United States in Lubbock, Texas covers a retail sale from 2022. The building is 7,041 square feet, implying about 0 per square foot on the published price. Nathan Roberto, Andrew Ivankovich, Matthews appear on the sale alongside Matthews. This page is the Lubbock, Texas file for the 4950 South Loop 289, Lubbock, Texas 79414, United States retail sold: pricing, party profiles, and other closed retail comps from the same Lubbock sit in the Market section below. Filter that Lubbock retail set by closing date to see what else sold near 4950 South Loop 289, Lubbock, Texas 79414, United States around 2022. Cite this Charlie Bernet Acquires Retail Property In Lubbock From Dan Boone sale when underwriting similar retail product around Lubbock, Texas.
Lubbock Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas retail sales on Traded.
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