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HYW Investments Leases Retail Space To RGB CustomPC & Best Restaurant Solutions On K Avenue In Plano

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LEASED

Texas

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Retail3,120 SF
Leased
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Property Image
LEASED

HYW Investments Leases Retail Space To RGB CustomPC & Best Restaurant Solutions On K Avenue In Plano

705 K Avenue, Plano, TX, USA

See Similar Deals
Retail3,120 SF
Leased
Contact now

Summary

TEXAS
Asset Type:Retail
Total Square Footage:3120 SF
Transaction Type:Lease

An 3,120 square foot retail property located at 705 K Avenue in Plano, Texas has been leased. The property is situated between downtown Plano and Richardson's CityLine, and it is owned by HYW Investments. The leasing transaction took place on 02/04/2021, with RGB CustomPC and Best Restaurant Solutions signing separate 1,560 square foot leases. The remaining space available for lease is also 3,120 square feet. The property is represented by Dan Looney and Nick Miller from Bright Realty.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: 02/04/2021
  • Address: 705 K Avenue, Plano, Texas
  • Tenants: RGB CustomPC, Best Restaurant Solutions
  • Landlord: HYW Investments
  • Brokers: Dan Looney & Nick Miller - Bright Realty
  • Asking Rent: $15/ft.
  • Remaining Space for Lease: 3,120 sq. ft.

The leasing deal at 705 K Avenue in Plano involved the tenants RGB CustomPC and Best Restaurant Solutions. These companies have signed separate 1,560 square foot leases in the retail property. The location of the property offers a strategic position between downtown Plano and Richardson's CityLine. The deal was facilitated by the broker representatives Dan Looney and Nick Miller from Bright Realty. The remaining space for lease in the property is also 3,120 square feet.

Players

Nick Miller
10 deals$61.9M volume
BROKER

Dan Looney
Bright Realty
6 deals
BROKER

Details

LEASED
IMAGE: Dan Looney & Nick Miller DATE: 02/04/2021 ADDRESS: 705 K Avenue MARKET: Plano ASSET TYPE: Retail TENANT: RGB CustomPC & Best Restaurant Solutions LANDLORD: HYW Investments BROKERS: Dan Looney & Nick Miller - Bright Realty ASKING RENT $15/ft. ~ SF: 3,120 NOTE: RGB CustomPC and Best Restaurant Solutions both signed 1,560 sf leases at 705 K Ave in Plano between downtown Plano and Richardson's CityLine. 3,120 sf remaining for lease

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Deal Type
Effective Rent (Annual)

$178,836.52

Total Lease Value

$1,788,365.17

Net Landlord Cash Flow$178,836.52