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1432 Precinct Line

1432 Precinct Line Road, Hurst, TX

SkyWalker purchased the foreclosed vintage center in late 2010 and weighed redevelopment options. In the summer, we moved ahead on scraping the site and divvying the 3.6-acre tract into pad sites. One of the pad sites was sold to Wells Fargo N.A.

Asset Type:

Retail / Pad Site

Square Feet:

33,625

Date Acquired:

January 2011

Results:

Multiple 1.93x; IRR 62.16%