Ascension Coffee & ZAAP Kitchen Lease 3,441 SF Retail Space In Fort Worth
River Plaza, 1701 River Run, Fort Worth, Tx 76107, Usa
Building Size
34,410 SF
Asset Type
Retail
Closing
Sep 23, 2020
AI
The retail property located at 1701 River Run in Fort Worth has recently been leased. The property spans 3,441 square feet and features a tenant mix of Ascension Coffee & ZAAP Kitchen. The lease transaction was facilitated by broker Kaitlin Travis of Trademark Property Company.
Summary of transation details
- Property Type: Retail
- Tenant: Ascension Coffee & ZAAP Kitchen
- Square Footage: 3,441
- Broker: Kaitlin Travis – Trademark Property Company
Kaitlin Travis of Trademark Property Company played a crucial role as the representative for the tenant, Ascension Coffee & ZAAP Kitchen, in this lease deal. The location of the property in Fort Worth's market adds to its appeal and potential for success.
Players
Fort Worth Retail Market Snapshot
Boundary boundary · Retail · Lease 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