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5414 Rowlett Rd, Rowlett, T...

Spirit Halloween Leases 6,895 SF Retail Space In Rowlett With Brokers Jeff Lewin & Stephanie Jacobs - RESOLUT RE
LEASEDRetail

Spirit Halloween Leases 6,895 SF Retail Space In Rowlett With Brokers Jeff Lewin & Stephanie Jacobs - RESOLUT RE

5414 Rowlett Rd, Rowlett, TX 75088, USA

Building Size

68,950 SF

Asset Type

Retail

Closing

Aug 19, 2020

AI

The retail property located at 5414 Rowlett Road in Rowlett has been leased. The transaction took place on August 20, 2020. The property has a total area of 6,895 square feet.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 08/20/2020
  • Address: 5414 Rowlett Road
  • Market: Rowlett
  • Area: 6,895 square feet

Spirit Halloween is the tenant that has leased the property. The leasing deal was facilitated by Jeff Lewin and Stephanie Jacobs from RESOLUT RE.

Players

Jeffrey Lewin

Broker

5 deals

Broker
SH
Spirit HalloweenTenant

Rowlett 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