STRIVE Brokers Sale Of 9,570 Square Foot Retail Center Inwood Plaza In Dallas
5626 Maple Avenue
Building Size
9,570 SF
Asset Type
Retail
Closing
Mar 11, 2025
About this deal
AI
This transaction involved the sale of a retail center located at 5626 Maple Avenue in Dallas, featuring a total square footage of 9,570. The property is situated in a competitive market, making it a notable transaction within the retail sector.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 5626 Maple Avenue
- Market: Dallas
- Asset Size: 9,570 square feet
Jack Hicks and Hudson Lambert from STRIVE represented the seller in this transaction. They were responsible for sourcing the buyer, who were both local investors. The specific terms of the sale were not made public.
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Retail
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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