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2450 Old Denton Rd Carrollt...

Royce Chocolates Leases Retail Space In Carrollton Town Center
LEASEDRetail

Royce Chocolates Leases Retail Space In Carrollton Town Center

2450 Old Denton Rd Carrollton, Tx 75006, Usa

Building Size

1,042 SF

Asset Type

Retail

Closing

Aug 28, 2023

AI

Royce Chocolates has leased a retail space in Carrollton Town Center located at 2450 Old Denton Road. The property has a total square footage of 1,042 and is situated in the market of Carrollton.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not available
  • Address: 2450 Old Denton Road, Carrollton
  • Market: Carrollton
  • Square Footage: 1,042

Heather Nguyen and Cobo Fajardo, representing NewQuest Properties, acted as the brokers for the landlord in this lease deal.

Players

Heather Nguyen

NewQuest Properties

Broker

3 deals

Broker

Trinity 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