Quality Based Learning Center Leases 3,460 SF Retail Space In Garland
1430 Northwest Hwy, Garland, TX 75041, USA
Building Size
34,600 SF
Asset Type
Retail
Closing
Aug 23, 2020
AI
1430-1524 Northwest Highway in Garland has been leased by Quality Based Learning Center. The retail property spans a total of 3,460 square feet. John Hiller and Scott Rose from Structure Commercial represented the deal.
Summary of transation details
- Property Type: Retail
- Tenant: Quality Based Learning Center
- SF: 3,460
- Brokers: John Hiller & Scott Rose - Structure Commercial
The lease transaction at 1430-1524 Northwest Highway involved Quality Based Learning Center as the new tenant. This retail property measures 3,460 square feet and is located in Garland. Representing the deal were John Hiller and Scott Rose from Structure Commercial.
Players
Garland 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