Antillana Super Market Leases Retail Space At 1000 Westchester Avenue In Foxhurst
1000 Westchester Avenue
$60
$60/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Apr 19, 2023
AI
The retail property located at 1000 Westchester Avenue in Foxhurst has been leased. The tenant, Antillana Super Market, has signed a lease agreement with the landlord, Peter Fine Bolivar Development. The lease transaction was facilitated by broker Marc Sitt from KSR. The retail space offers approximately 5,100 square feet and was leased at an asking rent of $60 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1000 Westchester Avenue
- Market: Foxhurst
- Tenant: Antillana Super Market
- Landlord: Peter Fine Bolivar Development
- Broker: Marc Sitt - KSR
- Asking Rent: $60/ft
- Square Footage: 5,100
This lease transaction involved Antillana Super Market as the tenant and Peter Fine Bolivar Development as the landlord. The deal was successfully negotiated by Marc Sitt from KSR. The retail space at 1000 Westchester Avenue in Foxhurst, with its desirable location and spacious layout, proved to be an ideal choice for Antillana Super Market's expansion plans.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93