facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Retail

/

Sale

/

765 N Robinson Dr

Mark Hollin And Jane Smith Of XYZ Holdings Acquire Retail Property At 765 N Robinson Dr For $2.585M
SOLDRetail

Mark Hollin And Jane Smith Of XYZ Holdings Acquire Retail Property At 765 N Robinson Dr For $2.585M

765 N Robinson Dr

$2,585,000

Building Size

Asset Type

Retail

Closing

Mar 22, 2024

AI

The property asset involved in the transaction is a retail space situated at 765 N Robinson Dr in the Robinson market. The asset was sold for a total price of $2,585,000.00.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,585,000.00
  • Buyer: Mark Hollin and Jane Smith of XYZ Holdings
  • Seller: Robert Buchalter and Mark Johnson of Greenfield Investments
  • Brokers: Jeffrey Estrada and Neema Ahadian of Marcus & Millichap

The transaction involved notable individuals and companies, with the buyer being connected to XYZ Holdings, while the seller is associated with Greenfield Investments. The brokerage firm handling the deal was Marcus & Millichap, represented by Jeffrey Estrada and Neema Ahadian.

Players

Neema Ahadian

Marcus & Millichap

Broker

$733M

vol

79 deals

Broker

Jane Smith

XYZ Holdings

Buyer

$9.4M

vol

5 deals

Buyer

Mark Hollin

Buyer
Buyer

Robert Buchalter

Seller
Seller

Robinson Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.14%

Cash-on-Cash

-1.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93