Maverik Management Leases 9,000 SF Retail Space To Pretty Women In Jamaica For $60/ft
16225 Jamaica Avenue
$60
$60/SF
Building Size
9,000 SF
Asset Type
Retail
Closing
May 31, 2026
AI
The retail asset located at 16225 Jamaica Avenue in the Jamaica market has a square footage of 9,000. The asking rent for this property is set at $60 per square foot, and it is categorized under a retail lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Address: 16225 Jamaica Avenue
- Market: Jamaica
- Landlord: Maverik Management
- Tenant: Pretty Women
- Brokers: Elliot Elo, Albert Manopla, Ezra Falack, Solomon Sharaby & David Sabbagh - KSR
The transaction involved multiple brokers working together to facilitate the deal, showcasing a collaborative effort with representation from Elliot Elo, Albert Manopla, Ezra Falack, Solomon Sharaby, and David Sabbagh from KSR.
Players
Jamaica Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93