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
About this deal
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.
On the Map
Retail
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Players
Miller Place 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