Chai Urgent Care Leases Retail Space In Harriman Commons, NY
300 Larkin Drive, Monroe, New York 10950, United States
Building Size
2,540 SF
Asset Type
Retail
Closing
Feb 23, 2022
AI
The retail property located at 300 Larkin Dr. in Harriman Commons was leased on 02/24/2022. The property has a total area of 2,540 square feet and was leased by Chai Urgent Care, represented by Yoni Hadar and Eddy Salameh. The landlord for this lease is Madison Property Management. The asking rent for the property was $45 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 02/24/2022
- Address: 300 Larkin Dr.
- Market: Harriman Commons
- Landlord: Madison Property Management
- Tenant: Chai Urgent Care – Yoni Hadar & Eddy Salameh
- Asking Rent: $45/ft.
- Square Footage: 2,540
Scott Meshil from Royal Properties represented Chai Urgent Care in this lease deal.
Players
Monroe 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93