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1425 6th Avenue

Chai Urgent Care Leases Retail Space At 1425 6th Ave In Central Park
LEASEDRetail

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

Walker Malloy

Landlord

2 deals

Landlord
CC
Chai Urgent CareTenant

Eddy Salameh

Chai Urgent Care

Tenant

$1.4M

vol

15 deals

Tenant

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