Pollo Campero Leases Retail Space At 966 Ave Of The Americas, NYC
966 Ave of the Americas, New York, N...
Building Size
5,400 SF
Asset Type
Retail
Closing
Jan 5, 2021
AI
The retail property located at 966 Ave of the Americas, New York, consists of 5400 square feet and was leased on 01/05/2021. The tenant, Pollo Campero, entered into an agreement with the landlord, Metropolitan Impex, for this space.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant's Rep: Vince Sweeney (Meridian Capital Group)
Vince Sweeney from Meridian Capital Group represented the tenant, Pollo Campero, in the lease transaction at 966 Ave of the Americas. The landlord, Metropolitan Impex, finalized the deal with Pollo Campero for the 5400 square feet retail space.
Players
Market 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