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33 Comac Loop, Ronkonkoma, ...

Champion Controls Leases 4140 Square Feet At 33 Comac Loop In Ronkonkoma With Milvado Property Group
LEASEDIndustrial

Champion Controls Leases 4140 Square Feet At 33 Comac Loop In Ronkonkoma With Milvado Property Group

33 Comac Loop, Ronkonkoma, NY, 11...

Building Size

4,140 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 33 Comac Loop, Ronkonkoma, NY. It encompasses a total space of 4,140 square feet and operates within the Ronkonkoma market.

Summary of transaction details:

This lease transaction features key representatives from both the tenant and landlord sides, with Kevin Owens and Brian McGuire representing Champion Controls, while Daniel Ginsberg and JoAnn Stock represent Milvado Property Group in this deal.

Players

Brian McGuire

NAI Global

Broker

$6M

vol

4 deals

Broker
Milvado Property Group
Milvado Property GroupLandlord

Ronkonkoma 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93