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.
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