LEASEDRetail
Hung Lam Leases Retail Space To Kevin Zhang At 4342 Peck Road In El Monte
4342 Peck Road, El Monte, CA 91732
Building Size
2,600 SF
Asset Type
Retail
Closing
Dec 1, 2021
AI
The retail property located at 4342 Peck Road in El Monte has been leased. The transaction took place on 12/01/2021.
Summary of transaction details:
- Property Type: Retail
- Address: 4342 Peck Road
- Market: El Monte
- Landlord: Hung Lam
- Tenant: Kevin Zhang
- Broker: Eric S. Chavez, CCIM - Chavez & Associates REBF Inc.
- Asking Rent: $2.50 per square foot
- Square Footage: 2,600
Eric S. Chavez, CCIM, from Chavez & Associates REBF Inc., represented the tenant, Kevin Zhang, in the leasing deal.
El Monte 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