Verizon Wireless And Smoothie King Retail Property In Fort Worth Sold By Marcus & Millichap
8540 Denton Highway, Fort Worth, TX, USA
Building Size
6,000 SF
Asset Type
Retail
Closing
Jul 12, 2020
About this deal
AI
The property involved in this transaction is a retail asset located at 8540 Denton Highway in Fort Worth. The property has a total area of 6,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 07/13/2020
- Market: Fort Worth
- Broker: Philip Levy - Marcus & Millichap
At the time of sale, the property was fully occupied by Verizon Wireless and Smoothie King. Both tenants were on triple-net leases.
Traded’s record for 8540 Denton Highway, Fort Worth, TX, USA in Keller, Texas covers a retail sale from 2020. The building is 6,000 square feet, implying about 0 per square foot on the published price. Philip Levy, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Keller, Texas file for the 8540 Denton Highway, Fort Worth, TX, USA retail sold: pricing, party profiles, and other closed retail comps from the same Keller sit in the Market section below. Filter that Keller retail set by closing date to see what else sold near 8540 Denton Highway, Fort Worth, TX, USA around 2020. Cite this Verizon Wireless And Smoothie King Retail Property In Fort Worth Sold By Marcus & Millichap sale when underwriting similar retail product around Keller, Texas.
Players
Keller Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Keller retail sales on Traded.
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