Roll On In Sushi Leases 2,200 SF Retail Space In McKinney
7001 S Custer Rd, McKinney, TX 75070, USA
Building Size
22,000 SF
Asset Type
Retail
Closing
Aug 26, 2020
About this deal
AI
The retail property located at 7001 S. Custer Road in McKinney has been leased. The property spans 2,200 square feet and will now be occupied by Roll On In Sushi.
Summary of transation details
- Property Type: Retail
- Tenant: Roll On In Sushi
- Tenant's Representative: Stephanie Jacobs & Sherry Naquin Sanchez – RESOLUT RE
- Landlord's Representative: Tim McNutt – DBA Commercial Real Estate
Stephanie Jacobs and Sherry Naquin Sanchez from RESOLUT RE represented Roll On In Sushi as their tenant's representatives. Meanwhile, Tim McNutt from DBA Commercial Real Estate acted as the landlord's representative in this lease transaction.
Players
McKinney Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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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