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3899 Maple Avenue

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
LEASEDOffice

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

TG
The Cambria GroupTenant

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