LEASEDRetail
CIM Group Acquires Retail Property In San Antonio With Tenant Chick-fil-A
1730 North Loop 1604 East, San Antonio, Texas 78232, USA
Building Size
4,995 SF
Asset Type
Retail
Closing
Mar 27, 2023
About this deal
AI
The lease for a retail property located at 1730 North Loop 1604 East in San Antonio has been finalized. The property spans 4,995 square feet and was leased on March 27, 2023.
Summary of transation details
- Property Type: Retail
- Transaction Date: 03/27/2023
- Address: 1730 North Loop 1604 East
- Market: San Antonio
- Asset Size: 4,995 SF
The lease agreement involves the following parties:
- Landlord: CIM Group - Shaul Kuba
- Tenant: Chick-fil-A
Please note that no additional details regarding the transaction were provided.
Players
San Antonio 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