Sherwin Andrew Leases Retail Space To Moti Kand With Broker Shoby Kurjee In Texas
Building Size
2,500 SF
Asset Type
Retail
Closing
Mar 24, 2026
AI
The lease transaction involved a retail asset located in Texas. The property is under a single net lease agreement, facilitating a streamlined lease structure for the tenant and landlord. The deal was executed efficiently, highlighting the commitment to securing corporate partnerships.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Type: Single Net Lease
- Landlord: Sherwin Andrew
- Tenant: Moti Kand
- Broker: Shoby Kurjee - SK Real Estate Consulting
- Lease Execution Time: 30 days
- Tenant Identification Time: 2 weeks
Shoby Kurjee represented the landlord, Sherwin Andrew, in the leasing transaction. The broker successfully identified a highly qualified tenant quickly and executed the lease, reinforcing the reputation of SK Real Estate Consulting in delivering reliable tenancy solutions.
Killeen 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