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1000 E Eldorado Pkwy, Littl...

Grace Church Leases Retail Space At One Elm Place In Frisco, Little Elm
LEASEDRetail

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

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:

Stephanie Jacobs and Chris Flesner from RESOLUT RE, along with Brad Anderson from RE/Max, represented the tenant, Grace Church, in this lease deal.

Players

Chris Flesner

Resolut Re

Broker

3 deals

Broker

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