Heywear Leases Retail Space At 1145 Broadway In Nomad
1145 Broadway
$100
$100/SF
Building Size
1,600 SF
Asset Type
Retail
Closing
Oct 15, 2022
About this deal
AI
The retail property at 1145 Broadway in Nomad has been leased. The landlord, Steven Politis, has entered into a lease agreement with Heywear. The deal was facilitated by brokers Carolina Aziz, Ike Bibi, and David Green of KSR. The asking rent for the 1,600 square foot space was $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1145 Broadway, Nomad
- Landlord: Steven Politis
- Tenant: Heywear
- Brokers: Carolina Aziz, Ike Bibi & David Green - KSR
- Asking Rent: $100/ft.
- Square Footage: 1,600
The lease agreement for the retail property at 1145 Broadway was successfully negotiated by Carolina Aziz, Ike Bibi, and David Green from KSR on behalf of the landlord, Steven Politis, and the tenant, Heywear.
Players
Seattle 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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93