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Noah Fox And Andrew Leeds Secure $1.325M Construction Loan For Dutch Brothers In Grand Prairie

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FINANCED
$1,325,000

Texas

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Retail36,000 SF
Financed
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FINANCED

Noah Fox And Andrew Leeds Secure $1.325M Construction Loan For Dutch Brothers In Grand Prairie

925 East Main Street

See Similar Deals
Retail36,000 SF
Financed
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$36
Total Square Footage:36000 SF
Transaction Type:Loan

The asset involved in this transaction is a retail property located at 925 East Main Street in Grand Prairie, with a total square footage of 36,000. The construction loan amounts to $1,325,000 with a term of 7 years, provided by Jorge Gonzalez of City National Bank of Florida.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,325,000
  • Loan Type: Construction
  • Loan Terms: 7 Years
  • Lender: Jorge Gonzalez - City National Bank of Florida
  • Landlord: Noah Fox & Andrew Leeds
  • Landlord's Representative: Noah Fox - Vertical Real Estate
  • Attorneys: Ashley Fox - Haber Law; Michael Montiel - SMGQ Law

This transaction was facilitated by the efforts of the landlords, Noah Fox and Andrew Leeds, who secured the construction loan for a new Dutch Brothers establishment. The legal teams from Haber Law and SMGQ Law played significant roles in ensuring the successful completion of this transaction with City National Bank of Florida.

Players

Noah Fox
21 deals$78.3M volume
BROKER

Jorge Gonzalez
City National Bank of Florida
3 deals$62.6M volume
LENDER

City National Bank of Florida
LENDER

Noah Fox
21 deals$78.3M volume
LANDLORD

Details

FINANCED
IMAGE: Noah Fox & Jorge Gonzalez DATE: 02/27/2026 ADDRESS: 925 East Main Street MARKET: Grand Prairie ASSET TYPE: Retail ~ SF: 36,000 LENDER: Jorge Gonzalez - City National Bank of Florida (@CityNationalBankofFlorida) LANDLORD: Noah Fox & Andrew Leeds LANDLORD'S REP: Noah Fox (@NoahRamFox) - Vertical Real Estate (@VerticalreMiami) ATTORNEYS: Ashley Fox (@AshvicFox) - Haber Law; Michael Montiel - SMGQ Law LOAN AMOUNT: $1,325,000 LOAN TYPE: Construction LOAN TERMS: 7 Years NOTE FROM LANDLORD'S REP: The Landlords finalized a construction loan for the construction of a brand new Dutch Brothers coming to Grand Prairie. Haber Law and SMG&Q Attorneys worked tirelessly to complete this transaction with City National Bank of Florida. We look forward to bringing Dutch Bros to Grand Prairie!

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,325,000.00

Monthly NOI$8,833.33
Monthly Debt Service$8,374.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00