LEASEDRetail
Punjabi Dhabba Inc Leases Retail Space In Weatherford, TX On West Park Avenue
1102 West Park Avenue
Building Size
5,500 SF
Asset Type
Retail
Closing
Mar 10, 2023
AI
The retail property located at 1102 West Park Avenue in Weatherford, TX has been leased. The property spans approximately 5,500 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Market: Weatherford, TX
- Landlord: M.Adell - Adell Investment Group
- Tenant: Punjabi Dhabba Inc
- Landlord's Rep: Ameer Adel - Rogers Healy & Associates
The lease transaction was facilitated by Ameer Adel from Rogers Healy & Associates, representing both the landlord, M.Adell of Adell Investment Group, and the tenant, Punjabi Dhabba Inc.
Players
Market 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