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8888 Metropark Drive

Sam Moon Group Sells Metropark Square Retail Development In Shenandoah Texas By STRIVE Brokers
SOLDRetail

Sam Moon Group Sells Metropark Square Retail Development In Shenandoah Texas By STRIVE Brokers

8888 Metropark Drive

Building Size

173,000 SF

Asset Type

Retail

Closing

Oct 14, 2025

AI

The property involved in this transaction is a retail asset located at 8888 Metropark Drive in Shenandoah, Texas. This mixed-use development spans 173,000 square feet and is anchored by recognized establishments such as Dave & Buster’s, AMC Theatre, and Hyatt House.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Square Footage: 173,000
  • Address: 8888 Metropark Drive
  • Market: Shenandoah
  • Seller: David Moon - Sam Moon Group
  • Brokers: Jake Dutson & Jennifer Pierson - STRIVE

Jake Dutson and Jennifer Pierson of STRIVE represented the seller, Sam Moon Group, in the transaction. They successfully secured a buyer from a family office based in Plano, Texas, contributing to the effective closure of the deal.

Players

Jennifer Pierson

Strive

Broker

7 deals

Broker
Strive
StriveBrokerage
David Moon

David Moon

Sam Moon Group

Seller

1 deal

Seller
Sam Moon Group
Sam Moon GroupSeller

Conroe 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