Chai Urgent Care Leases Retail Space At 1425 6th Ave In Central Park
1425 6th Avenue
$120
$120/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Jul 27, 2022
About this deal
AI
The retail property located at 1425 6th Ave. in Central Park has been leased. The property spans a total of 3,500 square feet and was leased by Chai Urgent Care. The landlord of the property is Walker Malloy & Company, while the tenant's representatives in the deal are Yoni Hadar and Eddy Salameh. The leasing transaction was facilitated by Kassin Sabbagh Realty. The asking rent for the property was $120 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 1425 6th Ave.
- Market: Central Park
- Tenant: Chai Urgent Care
- Landlord: Walker Malloy & Company
- Tenant's Representatives: Yoni Hadar and Eddy Salameh
- Broker: Kassin Sabbagh Realty
- Asking Rent: $120/ft.
- SF: 3,500
Chai Urgent Care, represented by Yoni Hadar and Eddy Salameh, has secured a lease for the retail space at 1425 6th Ave. This deal was facilitated by broker Kassin Sabbagh Realty. The property, located in the Central Park market, offers a total of 3,500 square feet of space. The landlord of the property is Walker Malloy & Company.
Players
San Diego 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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93