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114 South Olive Avenue

Robert Trainor And Kevin Killerman Lease Retail Space To Jamie Mulholland At 114 South Olive Avenue
LEASEDRetail

Robert Trainor And Kevin Killerman Lease Retail Space To Jamie Mulholland At 114 South Olive Avenue

114 South Olive Avenue

$75

$75/SF

Building Size

13,083 SF

Asset Type

Retail

Closing

Nov 19, 2025

AI

The property asset involved in this lease transaction is located at 114 South Olive Avenue in the West Palm Beach market. This retail asset encompasses a total area of 13,083 square feet and has an asking rent of $75 per square foot. The lease type is designated as a NNN Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $75/ft
  • Address: 114 South Olive Avenue
  • Market: West Palm Beach
  • Total Square Footage: 13,083 SF
  • Lease Type: NNN Lease
  • Landlord: Robert Trainor & Kevin Killerman
  • Tenant: Jamie Mulholland - Ketchy Shuby
  • Landlord's Representative: Bastian Schauer, Mark M. Rubin, Ryan Buckner & Tom Volini - Colliers
  • Tenant's Representative: JD Cohen & Mitch Heifetz - Newmark

In this transaction, the landlords, Robert Trainor and Kevin Killerman, are represented by Bastian Schauer, Mark M. Rubin, Ryan Buckner, and Tom Volini from Colliers. The tenant, Jamie Mulholland of Ketchy Shuby, is represented by JD Cohen and Mitch Heifetz from Newmark.

Players

Mark M. Rubin

Colliers

Broker

$896.8M

vol

37 deals

Broker
Colliers
ColliersBrokerage
Newmark
NewmarkBrokerage

West Palm Beach 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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93