Harrison Beethe Represents Dallas-Fort Worth Buyer In Sale Of Greenville Promenade Retail Center
6834 Wesley Street
Building Size
220,482 SF
Asset Type
Retail
Closing
Mar 31, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 6834 Wesley Street in Greenville, with a total square footage of 220,482. This asset is described as the Greenville Promenade power center and is situated near Dallas.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 6834 Wesley Street
- Market: Greenville
- Asset Size: 220,482 SF
In this transaction, the brokers involved include Harrison Beethe, Hudson Lambert, and Jennifer Pierson from STRIVE. Hudson Lambert and Jennifer Pierson represented the seller based in California, while Harrison Beethe represented the buyer from the Dallas-Fort Worth area. Note: STRIVE brokered the sale of the property.
Players
Greenville 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