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11 Lucon Drive

Anthony Oddo Leases 10,000 SF Industrial Space To WoodHollow At 11 Lucon Drive In Deer Park
LEASEDIndustrial

Anthony Oddo Leases 10,000 SF Industrial Space To WoodHollow At 11 Lucon Drive In Deer Park

11 Lucon Drive

$201,600

$201,600/SF

Building Size

10,000 SF

Asset Type

Industrial

Closing

Jul 17, 2026

AI

The property involved in this transaction is an industrial asset located at 11 Lucon Drive in the Deer Park market. It features a total square footage of 10,000 and has a modified gross lease type. The asking rent for the property is set at $20 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20/ft
  • Square Footage: 10,000
  • Address: 11 Lucon Drive
  • Market: Deer Park
  • Landlord: Anthony Oddo
  • Tenant: WoodHollow
  • Landlord's Representative: Michael Gronenthal & J.T. Famularo - Douglas Elliman

This transaction highlights the professional involvement of Michael Gronenthal and J.T. Famularo, who represented the landlord, Anthony Oddo, in the lease agreement with the tenant, WoodHollow.

Players

Michael Gronenthal

Douglas Elliman

Broker

$108.4M

vol

39 deals

Broker

Deer Park Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

78.69%

Cash-on-Cash

-22.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93