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190 E Franklin St, Grapevin...

Kiss It Good Buy Cosignment Leases 9,054 SF Retail Space At 190 Franklin Street In Grapevine With Eric Deuillet - Structure Commercial
LEASEDRetail

Kiss It Good Buy Cosignment Leases 9,054 SF Retail Space At 190 Franklin Street In Grapevine With Eric Deuillet - Structure Commercial

190 E Franklin St, Grapevine, TX 76051, USA

Building Size

90,540 SF

Asset Type

Retail

Closing

Aug 23, 2020

AI

The retail property located at 190 Franklin Street in Grapevine has been leased. The property spans a total area of 9,054 square feet.

Summary of transaction details

  • Property Type: Retail
  • Address: 190 Franklin Street
  • Market: Grapevine
  • Square Footage: 9,054

The tenant who will occupy the space is Kiss It Good Buy Consignment. The lease transaction was facilitated by Eric Deuillet from Structure Commercial.

Players

Eric Deuillet

Broker

$14.1M

vol

13 deals

Broker

Grapevine 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