Urban Property Group Facilitates Leases For Three New Tenants At Carlsbad Arcade In The Village
2815 Roosevelt Street Carlsbad, California 92008, USA
Building Size
3,490 SF
Asset Type
Retail
Closing
Jul 5, 2023
AI
Three new tenants have signed leases at Carlsbad Arcade in the Village, a retail center located at 2815 Roosevelt Street in Carlsbad. The property has a total square footage of 3,490 and is owned by Carlsbad One LLC. The retail center is situated in the Carlsbad market, providing easy access to potential customers.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 2815 Roosevelt Street, Carlsbad
- Market: Carlsbad
- Square Footage: 3,490
The leases at Carlsbad Arcade were signed by three tenants: Village Florist Co., Carlsbad Golf Carts, and Joey Snow Design Co. The leasing transactions were facilitated by Serena Patterson and Luke Holler from Urban Property Group, who represented the landlord in the deal.
Players
Carlsbad 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