Weitzman Acquires Retail Property From Wasa Properties With Seller's Rep David Disney
801 West Arapaho Road
Building Size
101,507 SF
Asset Type
Retail
Closing
Oct 4, 2024
AI
The asset involved in this transaction is a retail property located at 801 West Arapaho Road in Richardson. The property encompasses a total square footage of 101,507. The transaction occurred on 10/04/2024.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 801 West Arapaho Road
- Market: Richardson
- Square Footage: 101,507
- Buyer: Weitzman
- Seller: Wasa Properties
- Seller's Representative: David Disney - Disney Investment Group
The transaction highlights the involvement of Weitzman as the buyer and Wasa Properties as the seller. David Disney from Disney Investment Group represented the seller in this deal.
Richardson 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