SOLDRetail
Strive Facilitates Sale Of QuikTrip Gas Station In Grapevine With Undisclosed Buyers And Sellers
801 Ira E. Woods Avenue
Building Size
4,797 SF
Asset Type
Retail
Closing
Nov 13, 2023
AI
A 4,797-square-foot QuikTrip gas station in Grapevine has been sold. The transaction was facilitated by STRIVE, with undisclosed buyers and sellers from Kansas and Texas.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 4,797
- Address: 801 Ira East Woods Avenue, Grapevine
- Market: Grapevine
The sale of the QuikTrip gas station in Grapevine was handled by Adam Gottschalk and Michael Crovetti from the agency Strive. They represented the undisclosed buyers and sellers from Kansas and Texas.
Players
Grapevine 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93