Updated Oct 29, 2024
Ocean Crab Chantilly Leases 6600 Square Feet From Bhuller Enterprises In Jackson
14005 Lee Jackson Memorial Hwy, Ch...
Building Size
6,600 SF
Asset Type
Retail
Closing
Nov 8, 2021
About this deal
AI
The property asset involved in this transaction is located at 14005 Lee Jackson Memorial Hwy, Jackson. The total square footage of the property is 6,600 square feet. This lease transaction involves Bhuller Enterprises as the landlord and Ocean Crab Chantilly as the tenant.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 14005 Lee Jackson Memorial Hwy, Jackson
- Landlord: Bhuller Enterprises
- Tenant: Ocean Crab Chantilly
- Landlord's Representative: Christopher Saa (Divaris Real Estate)
Christopher Saa represented Bhuller Enterprises in this lease transaction, facilitating the agreement between the landlord and tenant. The involvement of Divaris Real Estate showcases the professional brokerage expertise aiding in this property deal.
Players
Jackson 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