CityWorth Mortgage Leases 19872 Square Feet At 12015 Lee Jackson Memorial Hwy With FCA As Landlord
12015 Lee Jackson Memorial Hwy, Fair...
Building Size
19,872 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in the transaction is located at 12015 Lee Jackson Memorial Hwy, Fair, in the Jackson market. It has a total area of 19,872 square feet. The landlord for this lease agreement is FCA, and the tenant is CityWorth Mortgage.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 12015 Lee Jackson Memorial Hwy, Fair
- Market: Jackson
- Landlord's Representative: Brian Connolly - JLL
- Tenant: CityWorth Mortgage
- Landlord: FCA
- Square Feet: 19,872
Brian Connolly from JLL represents the landlord, FCA, in this lease transaction. CityWorth Mortgage has entered into this lease agreement with FCA for the specified property.
Players
Jackson CRE Market Snapshot
Boundary boundary · CRE · 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