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9119 Queens Blvd B

VistaSite Eye Care Leases 916 Square Feet Retail Space At 9119 Queens Blvd B Elmhurst
LEASEDRetail

VistaSite Eye Care Leases 916 Square Feet Retail Space At 9119 Queens Blvd B Elmhurst

9119 Queens Blvd B

Building Size

916 SF

Asset Type

Retail

Closing

Jan 1, 2018

AI

The property involved in this transaction is a retail asset located at 9119 Queens Blvd B in Elmhurst. The total square footage of the space is 916.0. The transaction type is a lease. The landlord for this property is Midwood Properties.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Specified
  • Address: 9119 Queens Blvd B
  • Market: Elmhurst
  • Square Feet: 916.0
  • Tenant: VistaSite Eye Care
  • Landlord: Midwood Properties
  • Brokers: Thomas Caliendo - Tide Realty Group, Daniel D. DePasquale
  • Date: 01/01/2018

This lease transaction involved key individuals such as Thomas Caliendo and Daniel D. DePasquale, who represented the parties involved in the deal. Thomas Caliendo is affiliated with Tide Realty Group, overseeing aspects related to the lease negotiations.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker
MP
Midwood PropertiesLandlord
VC
VistaSite Eye CareTenant

Elmhurst 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