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
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