Tabani Group Acquires Retail Property In Frisco With Brokers Chris Gerard & Ryan Shore - JLL
5550 Farm-to-Market 423, Frisco, TX 75036
Building Size
93,377 SF
Asset Type
Retail
Closing
Nov 3, 2021
About this deal
AI
A retail property located at 5550 FM 423 in Frisco has been sold. The property has a total area of 93,377 square feet and was sold on November 3, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 5550 FM 423, Frisco
- Market: Frisco
The buyer of the property was Tabani Group. The sale was facilitated by Chris Gerard and Ryan Shore from JLL, who represented the buyer in this transaction.
Traded’s record for 5550 Farm-to-Market 423, Frisco, TX 75036 in Plano, Texas covers a retail sale from 2021. The building is 93,377 square feet, implying about 0 per square foot on the published price. Ryan Shore, Chris Gerard, JLL appear on the sale alongside JLL. This page is the Plano, Texas file for the 5550 Farm-to-Market 423, Frisco, TX 75036 retail sold: pricing, party profiles, and other closed retail comps from the same Plano sit in the Market section below. Filter that Plano retail set by closing date to see what else sold near 5550 Farm-to-Market 423, Frisco, TX 75036 around 2021. Cite this Tabani Group Acquires Retail Property In Frisco With Brokers Chris Gerard & Ryan Shore - JLL sale when underwriting similar retail product around Plano, Texas.
Players
Plano 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