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4625 South Cooper Street, A...

K&G Fashion Superstore Leases Retail Space In Arlington At 4625 S. Cooper Street
LEASEDRetail

K&G Fashion Superstore Leases Retail Space In Arlington At 4625 S. Cooper Street

4625 South Cooper Street, Arlington, Texas 76017, United States

Building Size

31,473 SF

Asset Type

Retail

Closing

Jan 18, 2023

AI

The leasing transaction involved a retail property located at 4625 S. Cooper Street in Arlington. The property spans an area of 31,473 square feet. The lease was executed on 01/18/2023.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not available
  • Address: 4625 S. Cooper Street
  • Market: Arlington
  • Size: 31,473 square feet

The landlord in this transaction was Silver Star Properties REIT, Inc. The tenant, K&G Fashion Superstore, was represented by Mark Torok. Richard Maloof, from Hartman Income REIT Management, Inc, acted as the landlord's representative. Bryan Weiss, from Hilco Real Estate, LLC, represented the tenant.

Players

Richard Maloof

Hartman Income REIT Management

Broker

2 deals

Broker
SI
Silver Star Properties REIT, Inc.Landlord

Arlington 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