Pizza Hut Leases Retail Space At 940 Columbus Avenue On Upper West Side
940 Columbus Avenue
$124
$124/SF
Building Size
1,010 SF
Asset Type
Retail
Closing
Oct 5, 2022
AI
Pizza Hut has secured a lease for a retail space located at 940 Columbus Avenue in the Upper West Side market. The property spans 1,010 square feet and was leased from the landlord, Walter & Samuels. The asking rent for the space was $124 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 940 Columbus Avenue
- Market: Upper West Side
- Tenant: Pizza Hut
- Landlord: Walter & Samuels
- Asking Rent: $124/ft.
- Square Footage: 1,010
The lease deal was facilitated by Bruce Herman from Booth Capital and Hal Shapiro and Jeff Winick from Winick Realty. They represented the tenant, Pizza Hut, in securing the lease agreement with the landlord, Walter & Samuels.
Players
New York 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
127927.42%
Cash-on-Cash
-36562.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93