Brian Ainehsazan And AINEH Property Group Landlord 106 Convenience Corp Tenant Jamaica Retail Lease
106 08 Jamaica Avenue
$26
$26/SF
Building Size
1,600 SF
Asset Type
Retail
Closing
Jul 10, 2025
About this deal
AI
The property is a retail asset located at 106-08 Jamaica Avenue in the Jamaica market. The space is 1,600 square feet and carries an asking rent of $26 per square foot. The lease term is 5 years and the lease type is Single Net Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $26 per square foot
- Address: 106-08 Jamaica Avenue
- Market: Jamaica
- Landlord: Brian Ainehsazan & AINEH Property Group
- Tenant: 106 Convenience, Corp
- Size: 1,600 SF
- Lease Type: Single Net Lease
- Lease Term: 5 Years
Date of transaction: 7/11/2025. The deal involved the landlord, Brian Ainehsazan & AINEH Property Group, and the tenant, 106 Convenience, Corp.
On the Map
$26
$26/SF
Retail
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Players
Richmond Hill 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
610115.38%
Cash-on-Cash
-174372.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93