Buena Vista Leases Retail Space At 123 Chestnut St In Philadelphia For 9403 Square Feet
123 Chestnut St
$23
$23/SF
Building Size
9,403 SF
Asset Type
Retail
Closing
Jul 10, 2024
AI
The property asset involved in this lease transaction is located at 123 Chestnut St, Philadelphia. It is categorized as a retail asset and encompasses a total of 9,403 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 123 Chestnut St
- Market: Philadelphia
- Tenant: Buena Vista
- Brokers: Billy Creagh - National Realty Commercial
In this transaction, Billy Creagh served as the representative for National Realty Commercial and played a key role in facilitating the lease agreement for the tenant, Buena Vista.
Players
Philadelphia 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
689695.65%
Cash-on-Cash
-197117.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93