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86 55 Broadway

Jerry Pi Of Pi Capital Partners Leases Retail Space To Juice Smoothie In Elmhurst For $485/ft
LEASEDRetail

Jerry Pi Of Pi Capital Partners Leases Retail Space To Juice Smoothie In Elmhurst For $485/ft

86 55 Broadway

$485

$485/SF

Building Size

185 SF

Asset Type

Retail

Closing

Sep 14, 2025

AI

This retail property is located at 86-55 Broadway in Elmhurst. The asset encompasses a total of 185 square feet and is leased at an asking rent of $485 per square foot. The lease involves a modified gross lease structure and is set for a term of 10 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $485/ft
  • Square Footage: 185
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Jerry Pi - Pi Capital Partners
  • Tenant: Juice Smoothie

The primary individuals involved in this transaction include Jerry Pi, who represents Pi Capital Partners as the landlord, and Juice Smoothie as the tenant occupying the retail space under the terms of the lease.

Players

Jerry Pi

Broker

5 deals

Broker

Elmhurst 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

32707.22%

Cash-on-Cash

-9347.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93