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7897 Fm 2109

Updated Sep 5, 2024

Martin Cochran Sells Retail Property In Huntington - Sai Thakor Acquires 2,680 SF Building
SOLDRetail

Martin Cochran Sells Retail Property In Huntington - Sai Thakor Acquires 2,680 SF Building

7897 Fm 2109

Building Size

2,680 SF

Asset Type

Retail

Closing

Aug 8, 2023

About this deal

AI

The retail property located at 7897 Fm 2109 in Huntington has been sold. The property spans a total of 2,680 square feet.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not mentioned in the CONTEXT
  • Address: 7897 Fm 2109
  • Market: Huntington
  • Seller: Martin Cochran
  • Seller's Representative: Sai Thakor - Marcus & Millichap

The deal involved Martin Cochran as the seller. The transaction was facilitated by Sai Thakor from Marcus & Millichap.

Traded’s record for 7897 Fm 2109 in Texas covers a retail sale from 2023. The building is 2,680 square feet, implying about 0 per square foot on the published price. Sai Thakor, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Texas file for the 7897 Fm 2109 retail sold: pricing, party profiles, and other closed retail comps from the same Texas sit in the Market section below. Filter that local retail set by closing date to see what else sold near 7897 Fm 2109 around 2023. Cite this Martin Cochran Sells Retail Property In Huntington - Sai Thakor Acquires 2,680 SF Building sale when underwriting similar retail product around Texas.

Players

Sai Thakor

CBRE

Broker

$110.6M

vol

29 deals

Broker

Market 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

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