Crunch Fitness Acquires Retail Space At 182 Trailhouse Lane From Victory Real Estate Group
182 Trailhouse Lane
Building Size
35,000 SF
Asset Type
Retail
Closing
Apr 30, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 182 Trailhouse Lane in Forney. It encompasses a total square footage of 35,000. The transaction marks a noteworthy exchange in the retail market.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 182 Trailhouse Lane
- Market: Forney
- Buyer: Crunch Fitness
- Seller: Victory Real Estate Group
- Buyer's Representative: James Seidel - Avid Real Estate Advisors
- Seller's Representative: Giancarlo "GC" Carriero, CCIM - Duwest Realty
Key individuals involved in the transaction include James Seidel representing the buyer, Crunch Fitness, and Giancarlo "GC" Carriero, CCIM, representing the seller, Victory Real Estate Group. Both representatives played essential roles in facilitating this transaction within the retail real estate sector.
On the Map
Retail
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Players
Forney 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93