NobiliTea Leases Retail Space At 2926 Sherwood Way In San Angelo With Tenant's Rep Gavin Fite & Landlord's Rep Brice Kelly
2926 Sherwood Way, San Angelo, TX 76901, USA
Building Size
15,870 SF
Asset Type
Retail
Closing
Jul 28, 2020
About this deal
AI
The retail property located at 2926 Sherwood Way in San Angelo has been leased. The tenant, NobiliTea, will occupy a space of 1,587 square feet. The lease was negotiated by Gavin Fite from RESOLUT RE, representing the tenant, and Brice Kelly from CMS Properties, representing the landlord.
Summary of transaction details
- Property Type: Retail
- Tenant: NobiliTea
- Tenant's Representative: Gavin Fite - RESOLUT RE
- Landlord's Representative: Brice Kelly - CMS Properties
- Address: 2926 Sherwood Way
- Market: San Angelo
- Size: 1,587 square feet
Gavin Fite from RESOLUT RE acted as the tenant's representative in the lease transaction, while Brice Kelly from CMS Properties represented the landlord. This deal brings NobiliTea as a new addition to the retail property.
Players
San Angelo Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
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