Updated Apr 7, 2026
William Creagh Leases Retail Space At 2935 North 22nd Street To Alaiz G Aljomai
2935 North 22nd Street
Building Size
2,751 SF
Asset Type
Retail
Closing
Mar 29, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 2935 North 22nd Street in Philadelphia. The space encompasses 2,751 square feet and is under a NNN Lease for a term of 5 years, with an asking rent of $12 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12/ft
- Square Footage: 2,751
- Address: 2935 North 22nd Street
- Market: Philadelphia
- Landlord: William Creagh
- Tenant: Alaiz G Aljomai
- Broker: Billy Creagh - National Realty Commercial
- Lease Type: NNN Lease
- Lease Term: 5 years
This transaction was facilitated by Billy Creagh, representing the landlord, William Creagh. Tenant Alaiz G Aljomai has committed to the property under the terms defined in the lease agreement.
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Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1321916.67%
Cash-on-Cash
-377807.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93