SOLDRetail
Agree Stores, LLC Sells Retail Property In Converse, TX
8142 Kitty Hawk Road, Converse, TX, USA
Building Size
7,225 SF
Asset Type
Retail
Closing
Dec 21, 2020
AI
The property involved in this closed transaction is a retail asset located at 8142 Kitty Hawk Road in Converse. It has a total square footage of 7,225.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Market: Converse
- Seller: Agree Stores, LLC
The seller in this transaction is Agree Stores, LLC. The brokers representing the seller are Joe DeCola & Cole Flanagan from NAI Partners.
Players
Converse 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