Key Food Leases Retail Space On Upper West Side Of Broadway For $175/ft With Brokers Solomon Sharaby & Samuel Chera - KSR
2401-2407 Broadway
$175
$175/SF
Building Size
15,000 SF
Asset Type
Retail
Closing
Dec 1, 2022
AI
Key Food has leased a retail space located at 2401-2407 Broadway in the Upper West Side market. The property spans approximately 15,000 square feet and was leased from landlord Jacob Weinreb. The deal was facilitated by Solomon Sharaby and Samuel Chera of KSR.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 2401-2407 Broadway
- Market: Upper West Side
The lease agreement between Key Food and landlord Jacob Weinreb for the retail space at 2401-2407 Broadway was brokered by Solomon Sharaby and Samuel Chera of KSR. Additional financial details of the transaction, such as the asking rent, were not provided.
Players
Downtown Kansas City 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
90645.71%
Cash-on-Cash
-25906.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93