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3041 Washington Drive

Josie Trent, Alex Speed & Will Walters Of Duwest Realty Complete Sale Of Retail Asset In Melissa
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Josie Trent, Alex Speed & Will Walters Of Duwest Realty Complete Sale Of Retail Asset In Melissa

3041 Washington Drive

Building Size

14,970 SF

Asset Type

Retail

Closing

Jul 2, 2025

AI

The asset involved in the transaction is a retail property located at 3041 Washington Drive in the Melissa market. The total square footage of the property is 14,970.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3041 Washington Drive
  • Market: Melissa
  • Asset Size: 14,970 SF
  • Brokers: Josie Trent, Alex Speed & Will Walters - Duwest Realty
  • Date of Transaction: 07/03/2025

The transaction involved the representation of the property by Josie Trent, Alex Speed, and Will Walters from Duwest Realty, who were instrumental in facilitating the deal. Their combined expertise contributed to the closing of this retail property transaction.

Players

Alex Speed

Duwest Realty

Broker

$3.3M

vol

8 deals

Broker
Duwest Realty
Duwest RealtyBrokerage

Melissa 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