Brian Ainehsazan Of Aineh Property Group Leases Retail Space To 170 Convenience Corp In Jamaica
170 01 Jamaica Avenue
$82
$82/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 17, 2025
AI
The retail property located at 170-01 Jamaica Avenue in the Jamaica market has a lease term of 5 years. The asking rent for this space is set at $82 per square foot for a total area of 1,000 square feet. The lease type is classified as a single net lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $82/ft
- Lease Term: 5 years
- Lease Type: Single Net Lease
- Landlord: Brian Ainehsazan - Aineh Property Group
- Tenant: 170 convenience, Corp.
Brian Ainehsazan, representing Aineh Property Group, is the landlord in this lease agreement. The tenant involved in this transaction is 170 convenience, Corp., which will occupy the retail space for the specified lease duration.
Players
Jamaica 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
193451.22%
Cash-on-Cash
-55288.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93