Domino's - Azeemi Pizza Leases 1,560 Square Feet Retail Space At 40 Station Dr Wyandanch
40 Station Dr
Building Size
1,560 SF
Asset Type
Retail
Closing
Jan 1, 2016
AI
The property asset involved in the context is a retail space located at 40 Station Dr in the Wyandanch market. The asset comprises a total area of 1,560 square feet, leased to Domino's - Azeemi Pizza. The landlord of the property is Albaneese Corp.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 40 Station Dr
- Market: Wyandanch
- Square Feet: 1560.0
- Tenant: Domino's - Azeemi Pizza
- Landlord: Albaneese Corp
- Brokers: Thomas Caliendo - Tide Realty Group
Key individuals involved in the deal include Thomas Caliendo from Tide Realty Group, who represents the transaction on behalf of the landlord Albaneese Corp. The lease was finalized on January 1, 2016.
Players
Wyandanch 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