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182 North 4th Street, Willi...

CAVA Grill Signs Lease For Retail Space In Williamsburg At 182 North 4th St
LEASEDRetail

CAVA Grill Signs Lease For Retail Space In Williamsburg At 182 North 4th St

182 North 4th Street, Williamsburg, Ohio 45176, United States

Building Size

4,100 SF

Asset Type

Retail

Closing

Apr 10, 2022

AI

An retail property located at 182 North 4th St. in Williamsburg has recently been leased. The transaction took place on April 11, 2022.

Summary of transaction details

  • Property Type: Retail
  • Address: 182 North 4th St.
  • Market: Williamsburg
  • Asking Rent: $165/ft.
  • Square Footage: 4,100

The landlord, Elias Kougemitros, entered into a lease agreement with CAVA Grill. The tenant was represented by Mitch Heifetz, Michael Paster, and Ariel Shuster of Newmark. On the other hand, the landlord was represented by Carolina Aziz and Ike Bibi of KSR.

Players

Ike Bibi

Kassin Sabbagh Realty

Broker

$274.3M

vol

125 deals

Broker

Elias Kougemitros

Landlord

4 deals

Landlord

Williamsburg 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93