ISP Lemon Wash Ops Leases Retail Space At 4903 Lemmon Avenue In Dallas
4903 Lemmon Ave Dallas, TX 75209, USA
Building Size
—
Asset Type
Retail
Closing
Apr 24, 2023
About this deal
AI
The retail property located at 4903 Lemmon Avenue in Dallas has been leased. The property spans an area of 13,419 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
ISP Lemon Wash Ops will be the tenant of the property. The landlord for this lease agreement is , L.P. The landlord's representative in this deal is Michael Turner from J. Elmer Turner, Realtors Inc. Jack Dargene from Marcus & Millichap Real Estate Investment Services, Inc. represents the tenant in this transaction.
On the Map
Retail
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Players
Texas 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