CBD Pros Leases 1,300 SF Retail Space At 1300 Airway Boulevard In El Paso
1300 Airway Blvd, El Paso, TX 79925, USA
Building Size
1,300 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
1300 Airway Boulevard in El Paso has been leased to CBD Pros. The retail property, with a total area of 1,300 square feet, was leased by Chris Duncan and Jeff Lewin of RESOLUT RE.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1300 Airway Boulevard
- Market: El Paso
- Tenant: CBD Pros
- Brokers: Chris Duncan & Jeff Lewin – RESOLUT RE
The lease transaction, which took place on September 16, 2020, involved the property located at 1300 Airway Boulevard in El Paso. CBD Pros, a retail tenant, will occupy a 1,300 square feet space. The lease deal was facilitated by Chris Duncan and Jeff Lewin from RESOLUT RE.
Players
El Paso 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