Micha Van Marcke Of Edge Realty Partners Brokers Sale Of 38,880 SF Retail Center In Richmond
7035 West Grand Parkway South
Building Size
38,880 SF
Asset Type
Retail
Closing
Oct 22, 2026
About this deal
AI
The transaction involves a retail property located at 7035 West Grand Parkway South in Richmond, TX. The asset encompasses a total area of 38,880 square feet and is categorized as a service-oriented shopping center.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 7035 West Grand Parkway South
- Market: Richmond, TX
- Asset Size: 38,880 SF
The sale was brokered by Micha Van Marcke from Edge Realty Partners, who represented the seller in the transaction. Details regarding the buyer have not been disclosed.
On the Map
Retail
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Richmond 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