Roxy Klein Leases Retail Space To Randy Johansen's American Family Care In Corona
2795 Cabot Drive
Building Size
4,452 SF
Asset Type
Retail
Closing
Mar 22, 2024
AI
The property at 2795 Cabot Drive in Corona, part of the Dos Lagos shopping center, is a Retail asset spanning 4,452 square feet. The location serves as the new showcase for American Family Care (AFC) franchisee Randy Johansen, highlighting the company's urgent care services nationwide.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: Randy Johansen - American Family Care (AFC)
- Broker: Roxy Klein - Progressive Real Estate Partners
Roxanne "Roxy" Klein of Progressive Real Estate Partners played a key role in securing the lease for AFC at the Dos Lagos shopping center in Corona. This marks her second successful representation of the franchisee, with the Corona location reflecting AFC's new prototype for urgent care services, as the business extends its reach nationally.
Corona Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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