Seung Ho Kim Leases Mixed-use Space To Roma's Eyebrow Salon In Philadelphia At $126/ft
1901 Chestnut Street
$126
$126/SF
Building Size
380 SF
Asset Type
Mixed-use
Closing
May 28, 2025
AI
The asset involved in this transaction is a mixed-use property located at 1901 Chestnut Street in the Philadelphia market. The leasing arrangement is under a NNN Lease, with an asking rent of $126 per square foot for a total space of 380 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $126/ft
- Square Footage: 380
- Address: 1901 Chestnut Street
- Market: Philadelphia
- Landlord: Seung Ho Kim
- Tenant: Roma's Eyebrow Salon
- Landlord's Representative: Billy Creagh – National Realty Commercial
- Lease Type: NNN Lease
Key individuals in this deal include Seung Ho Kim as the landlord and Roma's Eyebrow Salon as the tenant. The landlord's representative for the transaction is Billy Creagh from National Realty Commercial, who facilitated the leasing agreement.
Philadelphia Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
125896.83%
Cash-on-Cash
-35981.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93