Angry Birds Leases 3,300 SF Retail Space In Queens
133-33 39th Avenue
Building Size
3,300 SF
Asset Type
Retail
Closing
Jul 6, 2023
About this deal
AI
Angry Birds is set to open iSwii, the world's first Angry Birds-themed retail café, in Flushing, Queens. Located at 133-33 39th Avenue, the café will span 3,300 square feet and offer a unique adventure for individuals and families with its playful desserts, trendy bubble teas, gaming stations, and interactive activities.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 133-33 39th Avenue
- Market: Queens
- Size: 3,300 square feet
- Tenant: Angry Birds
This venture is a collaboration between Angry Birds and iSwii, creating an exciting opportunity for fans of the popular video game franchise. The café will be the go-to destination for Angry Birds enthusiasts looking to immerse themselves in the vibrant world of the franchise while enjoying delicious treats and engaging in interactive experiences. With its prime location in Flushing, Queens, iSwii by Angry Birds Retail Cafe is expected to attract visitors from all over the city.
Players
Flushing Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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