LEASEDRetail
Renaissance Pathology Leases Medical Office/Retail Space In Plano
609 W 15th St, Plano, Tx 75075, Usa
Building Size
4,780 SF
Asset Type
Retail
Closing
Jul 29, 2020
About this deal
AI
A medical office/retail property located at 609 West 15th Street in Plano has recently been leased. The transaction took place on July 30, 2020.
Summary of transaction details:
- Property Type: Medical Office/Retail
- Transaction Date: 07/30/2020
- Address: 609 West 15th Street
- Market: Plano
- Square Footage: 4,780
The tenant for this property is Renaissance Pathology, while the landlord is Suriya Legacy. Janet Scholl from Wingert Real Estate represented the tenant in this deal, while Leigh Richter and Paul Richter from Bradford Commercial represented the landlord.
Players
Plano Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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