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8041 Walnut Hill Lane, Dall...

Asana Partners Acquires 240,000 SF Retail Asset In Dallas From EB Arrow With JLL's Barry Brown, Ryan Shore, Chris Gerard, & Jason Jacobs As Brokers
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Asana Partners Acquires 240,000 SF Retail Asset In Dallas From EB Arrow With JLL's Barry Brown, Ryan Shore, Chris Gerard, & Jason Jacobs As Brokers

8041 Walnut Hill Lane, Dallas, TX 75231, USA

Building Size

240,000 SF

Asset Type

Retail

Closing

Aug 17, 2020

AI

The retail property located at 8041 Walnut Lane in Dallas has been sold in a recent transaction. The property spans across 240,000 square feet, making it a significant asset in the market. The sale took place on August 17, 2021.

Summary of transaction details

  • Property Type: Retail
  • Square Footage: 240,000
  • Address: 8041 Walnut Lane, Dallas
  • Market: Dallas
  • Seller: EB Arrow
  • Buyer: Asana Partners

The buyer, Asana Partners, made the acquisition in this transaction. The seller, EB Arrow, was represented by the brokers Barry Brown, Ryan Shore, Chris Gerard, and Jason Jacobs from JLL.

Players

Chris Gerard

JLL

Broker

$115M

vol

30 deals

Broker
Asana Partners
Asana PartnersBuyer

Dallas 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