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
About this deal
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.
Market 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