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Indian/Desi Supermarket Chalo India Leases 10,000 SF Retail Space In Frisco's Shops At Panther Creek

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LEASED

Texas

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Retail10,000 SF
Leased 01/09/2024
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LEASED

Indian/Desi Supermarket Chalo India Leases 10,000 SF Retail Space In Frisco's Shops At Panther Creek

11010 Panther Creek Parkway

See Similar Deals
Retail10,000 SF
Leased 01/09/2024
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:10,000 SF
Transaction Type:Lease

The Indian/Desi supermarket, Chalo India, will be opening in Frisco's Shops at Panther Creek in May. The 10,000-square-foot space will include a store and a cafe with a patio, catering to the demand for grocery-anchored retail in the rapidly growing north Dallas suburb.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 11010 Panther Creek Parkway, Frisco
  • Market: Frisco
  • Square Footage: 10,000

GreenRoad Development and Construction serves as the landlord for the leased space. The tenant, Rishma Dara, will be represented by W. Thurston Witt from CBRE. On the other hand, Tim McNutt from DBA Commercial Real Estate will act as the landlord's representative in the deal.

This lease agreement reflects the growing focus on retail development in response to Frisco's expanding population and the need for more grocery options in the area.

Players

Tim McNutt
2 deals
BROKER

W. Thurston Witt
CBRE
2 deals
BROKER

Details

LEASED
IMAGE: Tim McNutt & W. Thurston Witt DATE: 01/09/2024 ADDRESS: 11010 Panther Creek Parkway MARKET: Frisco ASSET TYPE: Retail ~ SF: 10,000 LANDLORD: GreenRoad Development and Construction TENANT: Rishma Dara - Chalo India LANDLORD'S REP: Tim McNutt - DBA Commercial Real Estate (@DBARealEstate) TENANT'S REP: W. Thurston Witt - CBRE (@CBRE) NOTE: Chalo India, an Indian/Desi supermarket, is opening in Frisco's Shops at Panther Creek in May, meeting the demand for grocery-anchored retail in the rapidly growing north Dallas suburb. The 10,000-square-foot space will include a store and a cafe with a patio, reflecting the increased focus on retail development in response to Frisco's growing population.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97