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Real EstateActive

Strip Mall - 8 Unit Retail Center

1500 Commerce Drive, Plano, TX, 75024

Description

Fully leased retail strip center with national tenants. 95% occupancy over past 5 years. Triple net leases with annual escalations. Cap rate 7.2%.

Transaction Inputs
Asking Price$3,200,000
Min. Down Payment$640,000
Down Payment %20%
Interest Rate6.25%
Term Length180 months
Payment FrequencyMonthly
$3,200,000

Estimated scenario monthly payment

$21,950

Based on $2,560,000 financed at 6.25% for 180 months

Listed 4/23/20260 views