Ron Stumpf Acquires Retail Property In Duncanville, Dallas - Fort Worth For $8.6M
SOLD
$8,600,000
Texas
See Similar DealsRetail14,604 SF
Sold 03/11/2022
SOLD
Ron Stumpf Acquires Retail Property In Duncanville, Dallas - Fort Worth For $8.6M
750 West Wheatland Road, Duncanville, Texas 75116, United States
See Similar DealsRetail14,604 SF
Sold 03/11/2022
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$588
Total Square Footage:14,604 SF
Transaction Type:Sale
A retail property located at 750 W Wheatland Rd in Duncanville, Dallas - Fort Worth, Texas has been sold for $8,600,000. The property has a total square footage of 14,604. The transaction took place on March 11, 2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,600,000
- Address: 750 W Wheatland Rd
- Market: Duncanville, Dallas - Fort Worth
- Square Footage: 14,604
The buyer of the property is Ron Stumpf, while the seller is Paul Celler. The transaction was facilitated by brokers Lior Regenstreif and Ryan Jaama from Marcus & Millichap.
According to the note from the broker, the property has a long-term NNN lease in Texas.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$458,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,553.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,768.39
Annual Debt Service$489,220.65
Is there something missing? Send suggestions