The Cambria Group Leases 1,550 SF Office Space At 3899 Maple Avenue In Old Parkland With Tenant's Rep Garrison Efird & Jim Cooksey - Newmark Knight Frank And Landlord's Rep Clay Gilbert, Dennis Barnes & Ben Davis - CBRE
3899 Maple Avenue
Building Size
15,500 SF
Asset Type
Office
Closing
Aug 12, 2020
AI
The Old Parkland office property located at 3899 Maple Avenue has been leased to The Cambria Group. The office space measures 1,550 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not available
- Address: 3899 Maple Avenue
- Market: Old Parkland
Garrison Efird and Jim Cooksey from Newmark Knight Frank represented The Cambria Group as their tenant's representatives in this lease transaction. They worked with Clay Gilbert, Dennis Barnes, and Ben Davis from CBRE, who acted as the landlord's representatives.
Players
New York Office Market Snapshot
Boundary boundary · Office · 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