My Dental Leases 2200 Square Feet Retail Space At Commons At Rivery In Georgetown
1313 Williams Drive
Building Size
2,200 SF
Asset Type
Retail
Closing
Jul 16, 2024
AI
The property involved in the transaction is a 2,200-square-foot retail space located at 1313 Williams Drive, Georgetown, Texas. This lease agreement pertains to the asset positioned in a market that includes retail opportunities, specifically designed for business activities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 1313 Williams Drive
- Market: Georgetown
- Tenant: My Dental
- Landlord's Rep: Kevin Murphy - Partners Real Estate
- Tenant's Rep: Kelly Arnold - CLD Realty
- Asset Size: 2,200 sq ft
In this transaction, Kevin Murphy represented the landlord, ensuring the interests of the property owner were prioritized during the negotiations. On the other side, tenant representation was provided by Kelly Arnold of CLD Realty, who acted on behalf of My Dental in securing the lease for the retail space.
Players
Georgetown Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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