SOLDRetail
Gunnar Edlund Of Trinity REIS Represents Retail Sale At 21621 FM 2100 Road In Crosby
Fm 2100
Building Size
9,360 SF
Asset Type
Retail
Closing
Dec 30, 2024
AI
The property asset involved in this transaction is situated at 21621 FM 2100 Road in Crosby, Texas, encompassing a retail space with a total square footage of 9,360. The details of the sale were finalized on 12/30/2024.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 21621 FM 2100 Road
- Market: Crosby, Texas
- Square Footage: 9,360
- Broker: Gunnar Edlund - Trinity REIS
The deal was represented by Gunnar Edlund from Trinity REIS, who managed the proceedings of this transaction, ensuring all aspects were addressed throughout the process.
Players
Crosby 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