GMD Signs 10-Year Lease For 10,000 SF Retail Space In Riverside With Landlord's Rep NAI Capital
2800 Campus Parkway
Building Size
10,000 SF
Asset Type
Retail
Closing
Sep 9, 2025
AI
The asset involved in this lease transaction is a retail space located at 2800 Campus Parkway in Riverside, CA. The area encompasses a total of 10,000 square feet, catering to the needs of tenants in a high-traffic retail market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Term: 10 years
- Address: 2800 Campus Parkway, Riverside
- Tenant: GMD
- Landlord's Representative: Steve Liu & Alex Tohidian - NAI Capital
- Tenant's Representative: Daniel Ma - JLL
This lease marks GMD's entry into Southern California, as it opens its first storefront in the region. The landlord, represented by NAI Capital, engaged in this transaction to fill their retail space, while JLL's representation of the tenant indicates GMD's strategy to expand in similar markets.
Players
Riverside 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