Hudson Lambert Of STRIVE Represents Seller In Sale Of 11,000 Square Foot Retail Property In Flower Mound
3851 Long Prairie Road
Building Size
11,000 SF
Asset Type
Retail
Closing
Dec 17, 2024
About this deal
AI
3851 Long Prairie Road is an 11,000-square-foot retail property located in Flower Mound, Texas. This asset was fully leased at the time of sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Undisclosed
- Address: 3851 Long Prairie Road
- Market: Flower Mound
- Square Footage: 11,000
- Broker: Hudson Lambert - STRIVE
Hudson Lambert of STRIVE represented the undisclosed local investor seller in the transaction involving the Northwest Plaza property.
Traded’s record for 3851 Long Prairie Road in Flower Mound, Texas covers a retail sale from 2024. The building is 11,000 square feet, implying about 0 per square foot on the published price. Hudson Lambert, Strive, Summit RE appear on the sale alongside Strive, Summit RE. This page is the Flower Mound, Texas file for the 3851 Long Prairie Road retail sold: pricing, party profiles, and other closed retail comps from the same Flower Mound sit in the Market section below. Filter that Flower Mound retail set by closing date to see what else sold near 3851 Long Prairie Road around 2024. Cite this Hudson Lambert Of STRIVE Represents Seller In Sale Of 11,000 Square Foot Retail Property In Flower Mound sale when underwriting similar retail product around Flower Mound, Texas.
Players
Flower Mound 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