CIM Group Sells Best Buy Plaza Retail Center In North Dallas To JLL
9358 North Central Expressway
Building Size
177,434 SF
Asset Type
Retail
Closing
Mar 19, 2026
AI
CIM Group sold a retail shopping center located at 9358 North Central Expressway in North Dallas. The property encompasses 177,434 square feet and sits on a 14.61-acre site, which is currently 100% leased to tenants including Best Buy, Dick’s Sporting Goods, Total Wine, Cavender’s, and Hyper Kidz.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 9358 North Central Expressway
- Market: Dallas
- Asset Size: 177,434 square feet
- Land Area: 14.61 acres
- Seller: Shaul Kuba, Richard Ressler & Avi Shemesh - CIM Group
- Broker: JLL
The property was previously acquired by CIM Group in 2016, during which the firm invested in capital improvements. JLL represented CIM Group in the transaction.
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