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150 Wheeler Road

Realty 3 CT Leases Retail Space To 123 Temu At 150 Wheeler Road In Central Islip
LEASEDRetail

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

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.

Players

Aric Schachner

Broker

$1.8M

vol

2 deals

Broker
Signature Premier Properties
Signature Premier PropertiesBrokerage

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