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2800 Campus Parkway

GMD Signs 10-Year Lease For 10,000 SF Retail Space In Riverside With Landlord's Rep NAI Capital
LEASEDRetail

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

Steve Liu

NAI Global

Broker

$69.7M

vol

5 deals

Broker
JLL
JLLBrokerage

Riverside 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93