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2815 Roosevelt Street Carls...

Urban Property Group Facilitates Leases For Three New Tenants At Carlsbad Arcade In The Village
LEASEDRetail

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

Serena Patterson

Urban Property Group

Broker

1 deal

Broker

Carlsbad 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