Heidi’s Salon Leases 5,135 SF Retail Space In Grapevine With Broker Eric Deuillet - Structure Commercial
120 N Main St, Grapevine, TX 76051, USA
Building Size
51,350 SF
Asset Type
Retail
Closing
Aug 23, 2020
AI
The retail property located at 120 North Main Street in Grapevine has been leased. The property spans a total of 5,135 square feet, providing ample space for the tenant, Heidi's Salon. The lease transaction was facilitated by Eric Deuillet, a broker representing Structure Commercial.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Address: 120 North Main Street, Grapevine
- Market: Grapevine
- Square Footage: 5,135
Eric Deuillet, from Structure Commercial, acted as the broker in this lease deal, assisting Heidi's Salon in securing the premises.
Players
Grapevine 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