Hook & Reel Cajun Seafood & Bar Leases Retail Space In El Paso At 1331 George Dieter Drive With Landlord Shopcore's Rep Evan Ketabchi
1331 George Dieter Drive, El Paso, TX, USA
Building Size
7,000 SF
Asset Type
Retail
Closing
Jan 3, 2021
About this deal
AI
The leased property involved in this transaction is a retail space located at 1331 George Dieter Drive in El Paso. The space covers a total area of 7,000 square feet. The lease was finalized on 01/04/2021 between the tenant, Hook & Reel Cajun Seafood & Bar, and the landlord, Shopcore.
Summary of transaction details:
- Property Type: Retail
- Tenant: Hook & Reel Cajun Seafood & Bar
- Landlord: Shopcore
- Tenant's Representative: Peter de Wetter - RJL Real Estate Consultants
- Landlord's Representative: Evan Ketabchi
Peter de Wetter from RJL Real Estate Consultants represented Hook & Reel Cajun Seafood & Bar as their tenant's representative in this lease agreement. Meanwhile, Evan Ketabchi acted as the landlord's representative.
On the Map
Retail
View full map
Players
El Paso Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas retail leases on Traded.
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