James Capital Advisors Represents Seller In $5.35M Retail Sale In Celina
600 South Oklahoma Drive, Celina, TX 75009, USA
$5,350,000
$244/SF
Building Size
21,930 SF
Asset Type
Retail
Closing
Jul 26, 2020
About this deal
AI
A retail property located at 600 S. Oklahoma Dr in Celina was recently sold for $5,350,000. The transaction took place on July 26, 2021, and the property spans across 21,930 square feet with a price per square foot of $244. The property sits on 3.71 acres in total and has a capitalization rate of 5.20%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,350,000
- Address: 600 S. Oklahoma Dr
- Market: Celina
- Square Footage: 21,930
- Price Per Square Foot: $244
- Acres: 3.71
- Capitalization Rate: 5.20%
The sale of this retail property was facilitated by Jonathan Eckerd from James Capital Advisors.
Celina 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93