Bubba's Biscuit Bar Leases Retail Space At 749-751 Columbia Street From Gray Ballinger
749 751 Columbia Street
$41
$41/SF
Building Size
2,046 SF
Asset Type
Retail
Closing
Jul 6, 2025
AI
The retail asset located at 749-751 Columbia Street in the Hudson market encompasses a total area of 2,046 square feet. The property is under a Modified Gross Lease with an asking rent of $41 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Gray Ballinger
- Tenant: Bubba's Biscuit Bar
- Landlord's Representative: Garrett Kelly & Max Freudenberger - Meridian Capital Group
- Tenant's Representative: Cole Kleppinger - Meridian Capital Group
This transaction highlights the involvement of key representatives from Meridian Capital Group, with Garrett Kelly and Max Freudenberger representing the landlord while Cole Kleppinger represents the tenant.
Players
Hudson 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
386902.44%
Cash-on-Cash
-110577.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93