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Terry Montesi Of Trademark Property Leases 20,000 Sq. Ft. To Uniqlo In Dallas
LEASED
Texas
See Similar DealsRetail20,000 SF
Leased 08/20/2024
LEASED
Terry Montesi Of Trademark Property Leases 20,000 Sq. Ft. To Uniqlo In Dallas
13350 Dallas Parkway
See Similar DealsRetail20,000 SF
Leased 08/20/2024
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Lease
The asset involved in this transaction is a retail property located at 13350 Dallas Parkway in Dallas, encompassing a total of 20,000 square feet. This property will serve as Uniqlo's new store in Galleria Dallas, part of the brand's expansion in Texas.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 13350 Dallas Parkway
- Market: Dallas
- Asset Size: 20,000 sq. ft.
- Landlord: Terry Montesi - Trademark Property
- Tenant: Yoshihide Shindo - Uniqlo
This deal marks a significant addition to Galleria Dallas, which aims to enhance its retail offerings. Uniqlo's store is strategically positioned near Mango and represents one of five new locations the brand is launching across Texas.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,146,387.93
Total Lease Value
$11,463,879.31
Net Landlord Cash Flow$1,146,387.93
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