Teso Life Leases Retail Space At 2540 Old Denton Rd In Carrollton
2540 Old Denton Rd, Carrollton, TX 75006, USA
Building Size
14,236 SF
Asset Type
Retail
Closing
Jun 8, 1920
About this deal
AI
The retail property located at 2540 Old Denton Rd in Carrollton, in the market of Central Carrollton, has been leased. The property spans over 14,236 square feet.
Summary of transation details
- Property Type: Retail
- Tenant: Teso Life
- Landlord: NewQuest Properties - Heather Nguyen
- Address: 2540 Old Denton Rd
- City: Carrollton
- Market: Central Carrollton
- SF: 14,236
Teso Life has leased the retail space from NewQuest Properties, represented by Heather Nguyen. The deal was finalized on 06/09/20.
Traded’s record for 2540 Old Denton Rd, Carrollton, TX 75006, USA in Carrollton, Texas covers a retail lease. Published size for 2540 Old Denton Rd, Carrollton, TX 75006, USA is 14,236 square feet. NewQuest Properties appears on the lease alongside NewQuest Properties. This page is the Carrollton, Texas file for the 2540 Old Denton Rd, Carrollton, TX 75006, USA retail leased: pricing, party profiles, and other closed retail comps from the same Carrollton sit in the Market section below. Cite this Teso Life Leases Retail Space At 2540 Old Denton Rd In Carrollton lease when underwriting similar retail product around Carrollton, Texas.
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