Jon Sharp
Listed by Jon Sharp
$6,831,000
Shops at Luckey Ranch
Details
Property Type Retail
Sub Type Commercial
Square Footage 13,624
Cap Rate 6.35%
NOI $440,085
Occupancy 100%
Lease Type NNN
Price per SqFt $509
Year Built 2021
Acreage 1.720
Retail | 6.35% CAP | 13,624 SqFt
Investment highlights
- Strengths
- 100% Occupied Retail Center
- High Quality Construction
- Exceptional Visibility Off Hwy 90
- Challenges
- Rent Variance
- Go-In Yield
- Buyer pool
- Local, Regional, National, & International Private
- Capital Buyers, Many of Whom are in 1031 Exchanges
- Institutional Capital Targeting Quality, Stabilized Real Estate
- Qualifications
- STRIVE: Most Active Retail Team in Texas & Surrounding States
- Track Record: We Close Transactions Sold More Than 1,200 Retail Transactions
- STRIVE Team Controls the Entire Process Underwriting & Financial Analysts, Full Marketing Dept, Transaction Coordinators, and Team of Agents to Ensure High Probability of Closing
- 100% Cooperation More Buyers More Offers = Higher Price
- Ability to Source Qualified Debt Thru High Street Capital
- Recommendations & timing
- Sell Now to Take Advantage of the Current Market Before Interest Rates Increase Further and Capitalize on 1031 Buyers
- If Awarded the Assignment, We Can Be on the Market Within One Week and Closed Within Our Average List-to-Close Time Frame of 5-6 Months
Listing Contacts
Jon Sharp
Listed by Jon Sharp
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$440,085.00
$36,673.75/mo
Valuation Metrics
0
DSCR
6.44%
Cap Rate
6.44%
ROI
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