Fashion Ramsey Nail Spa Corp Leases 3,000 SF Retail Space In Ramsey Shopping Center
57 West Main Street
Building Size
3,000 SF
Asset Type
Retail
Closing
Oct 12, 2023
AI
A 3,000-square-foot retail lease has been brokered by NAI James E. Hanson at Ramsey Shopping Center in Ramsey. The lease was secured by Fashion Ramsey Nail Spa Corp, who will be providing nail care and massage services at the prime location. The property's ownership was represented by NAI James E. Hanson, taking advantage of Ramsey's strategic positioning near major transportation hubs and the Garden State Parkway.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 57 West Main Street, Ramsey
- Market: Ramsey
- Tenant: Fashion Ramsey Nail Spa Corp
- Brokers: Darren Lizzack, Randy Homing, Ron Fotiu - NAI James E. Hanson
NAI James E. Hanson played a crucial role in facilitating the retail lease at Ramsey Shopping Center. Their expertise and representation of the property's ownership ensured that Fashion Ramsey Nail Spa Corp secured a prime location for their nail care and massage services. The strategic location of the property in close proximity to major transportation hubs and the Garden State Parkway makes it an ideal choice for Fashion Ramsey Nail Spa Corp.
Players
Ramsey Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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