Raamco International Leases 2,400 Square Feet Retail Space At 3345 Long Beach Rd Oceanside
3345 Long Beach Rd
Building Size
2,400 SF
Asset Type
Retail
Closing
Jan 1, 2025
AI
The property asset involved in the transaction is located at 3345 Long Beach Rd, Oceanside. This retail space encompasses a total square footage of 2400.0, catering to the needs of its tenant, Raamco International.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3345 Long Beach Rd
- Market: Oceanside
- Square Feet: 2400.0
- Tenant: Raamco International
- Broker: Thomas Caliendo - Tide Realty Group
- Lease Date: 01/01/2025
In this transaction, Thomas Caliendo from Tide Realty Group represents the interests of Raamco International, facilitating the lease agreement for the retail space in Oceanside.
Players
Oceanside 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