Updated Jun 24, 2025
Aroma Bakery & Coffee Leases Retail Space At 160 North 3rd Street In Philadelphia
160 N 3rd St
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 22, 2024
About this deal
AI
The property asset involved in this transaction is a retail space located at 160 North 3rd Street in Philadelphia, PA. The tenant for this space is Aroma Bakery & Coffee, and the asking rent is $36 per square foot for a total of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $36 per square foot
- Address: 160 North 3rd Street
- Market: Philadelphia, PA
- Tenant: Aroma Bakery & Coffee
- Broker: Billy Creagh - National Realty Commercial
Billy Creagh of National Realty Commercial represents the landlord in this lease transaction, facilitating the agreement between the property owner and the tenant, Aroma Bakery & Coffee.
On the Map
Retail
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Philadelphia 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