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Virginia Pkwy

Banyan LP & Vivek Sinha Sell Retail Asset In McKinney Texas With Tim Axilrod And Craig Taylor
SOLDRetail

Banyan LP & Vivek Sinha Sell Retail Asset In McKinney Texas With Tim Axilrod And Craig Taylor

Virginia Pkwy

Building Size

17,978 SF

Asset Type

Retail

Closing

Jan 14, 2026

AI

The property involved in this transaction is a retail asset located at 3791 and 3801 Virginia Parkway, known as the Shoppes at Virginia, situated in McKinney, Texas. This asset encompasses a total square footage of 17,978. The seller of the property is Banyan LP alongside Vivek Sinha.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3791 and 3801 Virginia Parkway
  • Market: McKinney, Texas
  • Square Footage: 17,978
  • Seller: Banyan LP & Vivek Sinha
  • Buyer's Representative: Craig Taylor - Ackerman & Co
  • Seller's Representative: Tim Axilrod - SHOP Companies

This transaction was represented by Craig Taylor from Ackerman & Co for the buyer and Tim Axilrod from SHOP Companies for the sellers, showcasing the active participation of brokerage firms in facilitating the deal.

Players

Tim Axilrod

SHOP Companies

Broker

9 deals

Broker

Mc Kinney 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