Cross River Therapy LLC Leases 3000 Square Feet Retail Space At 1664 Kennedy Boulevard
1664 Kennedy Boulevard
$33
$33/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Nov 1, 2024
AI
The property asset involved in this transaction is a retail space located at 1664 Kennedy Boulevard in Union City. It encompasses a total area of 3,000 square feet. The lease agreement was finalized on November 1, 2024, with AJOR LLC serving as the landlord.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not Available
- Address: 1664 Kennedy Boulevard
- Market: Union City
- Landlord: AJOR LLC
- Tenant: Cross River Therapy LLC
- Square Feet: 3000.0
- Brokers: Chris Vitiello (Grid Real Estate)
This lease transaction primarily involved Chris Vitiello from Grid Real Estate representing the interests of the landlord, AJOR LLC, and facilitating the agreement with the tenant, Cross River Therapy LLC.
Players
Union 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
480696.97%
Cash-on-Cash
-137384.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93