Lewisville Retail Property Sold On E Round Grove Rd For $Undisclosed Million By Lamar Companies & Real Capital Solutions - Weitzman Brokers Represent Seller
East Round Grove Road, Lewisville, TX 75067
Building Size
74,837 SF
Asset Type
Retail
Closing
Sep 29, 2021
AI
The retail property located on E Round Grove Rd in Lewisville has been sold in a recent transaction. The property spans over 74,837 square feet, making it a sizable asset in the market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: E Round Grove Rd
- Market: Lewisville
- Size: 74,837 square feet
The sellers involved in this transaction are Lamar Companies, represented by Charles W. Lamar, and Real Capital Solutions, represented by Marcel Arsenault.
The deal was facilitated by brokers Matthew Rosenfeld, Kevin Butkus, and Giovanni Scardino from Weitzman. These professionals played a key role in the successful completion of the transaction.
Players
Lewisville 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