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385 Route 25a

Buffalo Wild Wings To Go Leases 6,000 Square Feet Retail Space In Miller Place
LEASEDRetail

Buffalo Wild Wings To Go Leases 6,000 Square Feet Retail Space In Miller Place

385 Route 25a

Building Size

6,000 SF

Asset Type

Retail

Closing

Jan 1, 2015

AI

The property asset involved in this transaction is a retail space located at 385 Route 25a in Miller Place. It encompasses a total area of 6,000 square feet, suitable for various retail operations.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 385 Route 25a
  • Market: Miller Place
  • Tenant: Buffalo Wild Wings To Go
  • Landlord: The Richmond Company
  • Brokers: Thomas Caliendo (Tide Realty Group), Stu Fagen (Sabre Real Estate Group)

The lease transaction took place on January 1, 2015, with Buffalo Wild Wings To Go being the tenant and The Richmond Company serving as the landlord. The brokers involved in the negotiation of this deal were Thomas Caliendo from Tide Realty Group and Stu Fagen from Sabre Real Estate Group.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

45 deals

Broker
TC
The Richmond CompanyLandlord
BG
Buffalo Wild Wings To GoTenant

Miller Place 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93