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2830 North 22nd Street

Billy Creagh And Gary Creagh Lease Retail Space To Ghulam Mustafa Ali In Philadelphia For $24/ft
LEASEDRetail

Billy Creagh And Gary Creagh Lease Retail Space To Ghulam Mustafa Ali In Philadelphia For $24/ft

2830 North 22nd Street

$24

$24/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Jul 8, 2026

AI

The retail asset located at 2830 North 22nd Street in Philadelphia encompasses a space of 1,200 square feet. The asking rent for the property was set at $24 per square foot, and it is structured under a 5-year NNN lease, emphasizing its leasing terms.

Summary of transaction details:

The transaction involved Billy Creagh and Gary Creagh acting as landlords, while Ghulam Mustafa Ali represented the tenant in this leasing agreement. Billy Creagh also served as the broker for the transaction, facilitating the deal between the involved parties.

Players

Billy Creagh
Verified Badge

Billy Creagh

National Realty Commercial

Broker

$13.3M

vol

41 deals

Broker

Billy Creagh

Landlord

$13.3M

vol

41 deals

Landlord

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

660958.33%

Cash-on-Cash

-188903.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93