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
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