Guapo Restaurant Signs 10-Year Lease In Yonkers Retail Space With Brokers Steve Lorenzo, Jeffrey Lopez & Manuel Jiminez
1 Pierpointe Place
Building Size
1,500 SF
Asset Type
Retail
Closing
Feb 24, 2023
About this deal
AI
The property involved in this lease transaction is a retail space located at 1 Pierpointe Place in Yonkers. The property spans 1,500 square feet and the lease term is for 10 years. The asking rent for the space is $45 per square foot.
Summary of transaction details
- Property Type: Retail
- Tenant: Guapo Restaurant
- Brokers: Steve Lorenzo (SteveatLeeLorenzo), Jeffrey Lopez & Manuel Jiminez - Lee & Associates
- Asking Rent: $45/ft
- Lease Term: 10 years
The tenant in this lease transaction is Guapo Restaurant. The deal was represented by brokers Steve Lorenzo from SteveatLeeLorenzo and Jeffrey Lopez & Manuel Jiminez from Lee & Associates.
On the Map
Retail
View full map
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Jeffrey Lopez to view all their deals.
Browse New York retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93