Updated Mar 6, 2026
Shawn Bullard Leases Retail Space To Darleny M Almonte At 1944 Cecil B Moore Avenue
1944 Cecil B Moore Avenue
Building Size
1,500 SF
Asset Type
Retail
Closing
Feb 27, 2026
About this deal
AI
The retail asset located at 1944 Cecil B Moore Avenue in Philadelphia features a lease agreement with an asking rent of $16 per square foot for a total area of 1,500 square feet. The lease term is set for 5 years under a NNN Lease structure.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $24,000
- Address: 1944 Cecil B Moore Avenue
- Market: Philadelphia
- Landlord: Shawn Bullard - Studio 44 Building
- Tenant: Darleny M Almonte
- Broker: Billy Creagh - National Realty Commercial
- Lease Term: 5 years
- Lease Type: NNN Lease
- Asking Rent: $16/ft
- Square Footage: 1,500
The key individuals involved in this transaction include landlord Shawn Bullard representing Studio 44 Building and tenant Darleny M Almonte. The deal was brokered by Billy Creagh from National Realty Commercial, facilitating the agreement between the landlord and tenant.
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
991437.50%
Cash-on-Cash
-283355.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93