Top Mix Bar & Kitchen Leases Mixed-Use Space At 365 Centre St In Boston
365 Centre St, Boston, Jamaica Plain, Massachusetts, USA
Building Size
2,266 SF
Asset Type
Mixed-use
Closing
Jun 15, 2020
AI
The mixed-use property located at 365 Centre St in Boston, MA has recently undergone a lease transaction. The tenant, Top Mix Bar & Kitchen, has entered into an agreement with the landlord, Jamaica Plain Neighborhood Development Corporation. The deal was facilitated by broker Amilton "Milton" Baptista from Boston Trust Realty Group Commercial.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Date: 06/15/2021
- Address: 365 Centre St, Boston, MA
- Market: Boston, MA
- Tenant: Top Mix Bar & Kitchen
- Landlord: Jamaica Plain Neighborhood Development Corporation
- Broker: Amilton "Milton" Baptista - Boston Trust Realty Group Commercial
- Asking Rent: $32/ft.
- Square Footage: 2,266
The transaction originated with Boston Trust Realty Group Commercial, as facilitated by broker Amilton "Milton" Baptista. This lease deal provides Top Mix Bar & Kitchen with a retail and dining space at 365 Centre St. For more information on this property or other transactions, consider reaching out to Amilton "Milton" Baptista and Boston Trust Realty Group Commercial.
Players
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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