Bianco Properties Acquires Retail Property In Garland, TX
5401 North Garland Avenue, Garland, TX 75040, USA
Building Size
75,811 SF
Asset Type
Retail
Closing
Dec 1, 2021
About this deal
AI
A retail property located at 5401 North Garland Avenue in Garland has been sold. The property has a total square footage of 75,811. The transaction took place on 12/01/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Garland
The buyer of the property is Bianco Properties, represented by Josh Bacott.
Traded’s record for 5401 North Garland Avenue, Garland, TX 75040, USA in Garland, Texas covers a retail sale from 2021. The building is 75,811 square feet, implying about 0 per square foot on the published price. This page is the Garland, Texas file for the 5401 North Garland Avenue, Garland, TX 75040, USA retail sold: pricing, party profiles, and other closed retail comps from the same Garland sit in the Market section below. Filter that Garland retail set by closing date to see what else sold near 5401 North Garland Avenue, Garland, TX 75040, USA around 2021. Cite this Bianco Properties Acquires Retail Property In Garland, TX sale when underwriting similar retail product around Garland, Texas.
Players
Garland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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