Tealicious Leases 1,650 SF Retail Space At 10718 Potranco Road In San Antonio
10718 Potranco Rd, San Antonio, TX 78251, USA
Building Size
16,500 SF
Asset Type
Retail
Closing
Aug 31, 2020
About this deal
AI
The retail property located at 10718 Potranco Road in San Antonio has been leased to Tealicious. This property spans 1,650 square feet and the lease agreement was finalized on September 1, 2020.
Summary of transaction details:
- Property Type: Retail
- Tenant: Tealicious
- Square footage: 1,650
- Tenant's Representative: Vick Russell - Russell Real Estate Services
- Landlord's Representatives: Aisha Chapa & Carolyn Bustamante - RESOLUT RE
Vick Russell from Russell Real Estate Services represented Tealicious in the lease transaction. Aisha Chapa and Carolyn Bustamante from RESOLUT RE acted as the landlord's representatives. The deal between Tealicious and the landlord was successful, bringing this retail property under a new lease agreement.
Players
San Antonio 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