Grace Church Leases Retail Space At One Elm Place In Frisco, Little Elm
1000 E Eldorado Pkwy, Little Elm
Building Size
3,885 SF
Asset Type
Retail
Closing
Jun 3, 2020
About this deal
AI
Grace Church, led by Steve Riggle, has leased a retail space at One Elm Place, located at 1000 East Eldorado Parkway in Frisco, Little Elm. The property spans 3,885 square feet and is situated in a bustling market.
Summary of transaction details:
- Property Type: Retail
- Tenant: Grace Church - Steve Riggle
- Address: One Elm Place - 1000 East Eldorado Parkway
- City: Frisco
- Market: Little Elm
- Square Footage: 3,885
- Brokers: RESOLUT RE - Stephanie Jacobs & Chris Flesner, RE/Max - Brad Anderson
Stephanie Jacobs and Chris Flesner from RESOLUT RE, along with Brad Anderson from RE/Max, represented the tenant, Grace Church, in this lease deal.
On the Map
Retail
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Players
Little Elm 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