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1901 Chestnut Street

Seung Ho Kim Leases Mixed-use Space To Roma's Eyebrow Salon In Philadelphia At $126/ft
LEASEDMixed-use

Seung Ho Kim Leases Mixed-use Space To Roma's Eyebrow Salon In Philadelphia At $126/ft

1901 Chestnut Street

$126

$126/SF

Building Size

380 SF

Asset Type

Mixed-use

Closing

May 28, 2025

AI

The asset involved in this transaction is a mixed-use property located at 1901 Chestnut Street in the Philadelphia market. The leasing arrangement is under a NNN Lease, with an asking rent of $126 per square foot for a total space of 380 square feet.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $126/ft
  • Square Footage: 380
  • Address: 1901 Chestnut Street
  • Market: Philadelphia
  • Landlord: Seung Ho Kim
  • Tenant: Roma's Eyebrow Salon
  • Landlord's Representative: Billy Creagh – National Realty Commercial
  • Lease Type: NNN Lease

Key individuals in this deal include Seung Ho Kim as the landlord and Roma's Eyebrow Salon as the tenant. The landlord's representative for the transaction is Billy Creagh from National Realty Commercial, who facilitated the leasing agreement.

Players

Billy Creagh
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Billy Creagh

National Realty Commercial

Broker

$13.3M

vol

41 deals

Broker

Philadelphia Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

125896.83%

Cash-on-Cash

-35981.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93