Fà-me Café Leases 3,600 Square Feet Office Space At 2375 East Camelback Road In Phoenix
2375 East Camelback Road
Building Size
3,600 SF
Asset Type
Office
Closing
Aug 3, 2026
About this deal
AI
The property asset involved in this transaction is an office space located at 2375 East Camelback Road in Phoenix, AZ, encompassing 3,600 square feet. The lease pertains to Fà-me Café, which is set to occupy the premises in the fourth quarter of the year.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Columbus Properties LLC
- Tenant: Fà-me Café
- Brokers: Brad Anderson & Mike Strittmatter - Cushman & Wakefield; Cole Schillne - Orion Investment Real Estate
The deal was facilitated with Columbus Properties as the landlord, while Brad Anderson and Mike Strittmatter of Cushman & Wakefield arranged the lease, representing the landlord. Cole Schillne from Orion Investment Real Estate represented the tenant, Fà-me Café.
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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