Isaac Kairey Leases Retail Space To Fine Variety At 285 Main Street For $45 Per Ft
285 Main Street
$45
$45/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Jun 22, 2026
AI
The property asset involved in the lease is located at 285 Main Street in the Orange market, encompassing a retail space with a square footage of 8,000. The asking rent for this asset is set at $45 per square foot, and the lease type is designated as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $45/ft
- Square Footage: 8,000
- Address: 285 Main Street
- Market: Orange
- Landlord: Isaac Kairey
- Tenant: Fine Variety
- Broker: Jordan Langer - Meridian Capital Group
Key individuals involved in this transaction include Isaac Kairey, who represents the landlord, and Jordan Langer, who acts as the broker for the deal. The tenant, Fine Variety, is the party leasing the 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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93