LEASEDRetail
Castle Bay Management Leases Retail Space To Dom's Famous Chicken Fingers In Plainview For 1,850 Sq Ft
1103-1139 Old Country Rd
Building Size
1,850 SF
Asset Type
Retail
Closing
Jan 1, 2025
About this deal
AI
The property asset involved in this lease transaction is a retail space located at 1103-1139 Old Country Rd in the market of Plainview. The total square footage of the space is 1,850 square feet, as part of a lease agreement commenced on January 1, 2025.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1103-1139 Old Country Rd
- Market: Plainview
- Square Feet: 1850.0
- Tenant: Dom's Famous Chicken Fingers
- Landlord: Castle Bay Management
- Broker: Thomas Caliendo - Tide Realty Group
This transaction features Dom's Famous Chicken Fingers as the tenant, with Castle Bay Management serving as the landlord. The deal was facilitated by broker Thomas Caliendo from Tide Realty Group, highlighting the collaborative efforts involved in securing this retail lease.
On the Map
Retail
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Players
Plainview 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93