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946 East Main Street

Erika Lopez Leases Retail Space At 946 East Main Street Shrub Oak For Los Gabachos Restaurant
LEASEDRetail

Erika Lopez Leases Retail Space At 946 East Main Street Shrub Oak For Los Gabachos Restaurant

946 East Main Street

$5,450

$5,450/SF

Building Size

1,700 SF

Asset Type

Retail

Closing

Mar 31, 2026

AI

The property asset involved in the transaction is a retail space located at 946 East Main Street, Shrub Oak, in the Westchester market. The total square footage of the space is 1,700, with an asking rent of $40 per square foot. The lease term is set for 10 years under a modified gross lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $40/ft
  • Lease Term: 10 years
  • Lease Type: Modified Gross Lease
  • Landlord: Rayy Musa
  • Tenant: Erika Lopez
  • Broker: Lena Rivera

The key individuals in this transaction include the landlord, Rayy Musa, and the tenant, Erika Lopez, both of whom are integral to the leasing agreement. Lena Rivera serves as the broker facilitating the deal, bringing over a decade of property management experience across multiple counties, with a notable record of over 100 million dollars in building sales in the last three years.

Players

Lena Rivera

Broker

$60M

vol

15 deals

Broker

Shrub Oak 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

2910.64%

Cash-on-Cash

-831.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93