Realty 3 CT Leases Retail Space To 123 Temu At 150 Wheeler Road In Central Islip
150 Wheeler Road
$18
$18/SF
Building Size
7,000 SF
Asset Type
Retail
Closing
Aug 6, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 150 Wheeler Road in Central Islip. It features a total square footage of 7,000 and the asking rent is set at $18 per square foot. The lease type for this transaction is categorized as a NNN Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $18/ft
- Square Footage: 7,000
- Address: 150 Wheeler Road
- Market: Central Islip
- Landlord: Realty 3 CT
- Tenant: 123 Temu
- Landlord's Rep: Aric Schachner & Sam Lefkowitz
- Tenant's Rep: Yu-Nung Kuo - Signature Premier Properties
The deal was facilitated through the representation of Aric Schachner and Sam Lefkowitz on behalf of the landlord, Realty 3 CT, while Yu-Nung Kuo from Signature Premier Properties represented the tenant, 123 Temu. The transaction highlights the collaboration between these individuals as key players in this leasing arrangement.
On the Map
$18
$18/SF
Retail
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Players
Central Islip 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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93