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40 Station Dr

Domino's - Azeemi Pizza Leases 1,560 Square Feet Retail Space At 40 Station Dr Wyandanch
LEASEDRetail

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

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

45 deals

Broker
AC
Albaneese CorpLandlord
DP
Domino's - Azeemi PizzaTenant

Wyandanch 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