La Casona Mexican Restaurant & Cantina Leases Retail Space In Wharton
10314 US-59, Wharton, TX 77488, USA
Building Size
1,078 SF
Asset Type
Retail
Closing
Sep 15, 2020
About this deal
AI
The retail property located at 10314 US-59 Hwy in Wharton has recently been leased. The property spans an undisclosed amount of square footage and is situated in the Wharton market.
Summary of transaction details
- Property Type: Retail
- Tenant: La Casona Mexican Restaurant & Cantina
- Broker: Taki Dallis – RESOLUT RE
Taki Dallis of RESOLUT RE represented La Casona Mexican Restaurant & Cantina in the lease deal for the retail property in Wharton.
Traded’s record for 10314 US-59, Wharton, TX 77488, USA in Wharton, Texas covers a retail lease from 2020. Published size for 10314 US-59, Wharton, TX 77488, USA is 1,078 square feet. Taki Dallis, Resolut Re appear on the lease alongside Resolut Re. This page is the Wharton, Texas file for the 10314 US-59, Wharton, TX 77488, USA retail leased: pricing, party profiles, and other closed retail comps from the same Wharton sit in the Market section below. Filter that Wharton retail set by closing date to see what else leased near 10314 US-59, Wharton, TX 77488, USA around 2020. Cite this La Casona Mexican Restaurant & Cantina Leases Retail Space In Wharton lease when underwriting similar retail product around Wharton, Texas.
Players
Wharton 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