Li's Hot Pot & BBQ Leases 7,000 Square Feet From Mandelbaum & Krupnick LLC In Little Falls
475 Us Route 46
Building Size
7,000 SF
Asset Type
Retail
Closing
Apr 21, 2025
AI
The retail asset at 475 Us Route 46 East in Little Falls features a total square footage of 7,000. Recently, the property transitioned from being occupied by the former Six Brothers Diner to becoming the new location for Li’s Hot Pot & BBQ.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 475 Us Route 46 East
- Market: Little Falls
- Landlord: Mandelbaum & Krupnick LLC
- Tenant: Li’s Hot Pot & BBQ
- Brokers: Christopher Conway & Chuck Lanyard - The Goldstein Group
Chuck Lanyard and Chris Conway from The Goldstein Group represented both the landlord, Mandelbaum & Krupnick LLC, and the tenant, Li’s Hot Pot & BBQ, in the transaction.
Players
Little Falls 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