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2408 Trinity Mills Rd, Carr...

Updated Oct 28, 2024

2408 Trinity Mills Rd Retail Space Leased To Boarding Bungalow In Carrollton
LEASEDRetail

2408 Trinity Mills Rd Retail Space Leased To Boarding Bungalow In Carrollton

2408 Trinity Mills Rd, Carrollton, TX, USA

Building Size

5,419 SF

Asset Type

Retail

Closing

May 6, 2021

About this deal

AI

The retail property located at 2408 Trinity Mills Rd in Carrollton has been leased. The transaction took place on 05/07/2021. The property, spanning 5,419 square feet, is owned by 2408 Trinity Mills Crossing, LLC. The tenant for this space is Boarding Bungalow.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 05/07/2021
  • Address: 2408 Trinity Mills Rd, Carrollton
  • Tenant: Boarding Bungalow
  • Landlord: 2408 Trinity Mills Crossing, LLC
  • Broker: Rene Robles - Vision Commercial
  • Square Footage: 5,419

Rene Robles from Vision Commercial acted as the broker in this lease transaction.

Players

Carrollton 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

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