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Central Rock Gym Leases Retail Space In West Chelsea At 537 West 27th Street

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LEASED
$70

Maryland

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Retail12,895 SF
Leased 09/09/2022
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Property Image
LEASED

Central Rock Gym Leases Retail Space In West Chelsea At 537 West 27th Street

537 West 27th Street

See Similar Deals
Retail12,895 SF
Leased 09/09/2022
Contact now

Summary

MARYLAND
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:12,895 SF
Transaction Type:Lease

A retail property located at 537 West 27th Street in West Chelsea has been leased. The property, spanning 12,895 square feet, was leased by Central Rock Gym. The lease transaction was facilitated by Jansen Hafen and Jay Gilbert from RPLRE, who represented the tenant. The landlord, Tavros Capital, was represented by Matthew Fogel, David Green, and Ike Bibi from Kassin Sabbagh Realty. The asking rent for the property was $70 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 537 West 27th Street
  • Market: West Chelsea
  • Tenant: Central Rock Gym
  • Tenant's Rep: Jansen Hafen & Jay Gilbert - RPLRE
  • Landlord: Tavros Capital
  • Landlord's Rep: Matthew Fogel, David Green & Ike Bibi - Kassin Sabbagh Realty
  • Asking Rent: $70 per square foot
  • Square Footage: 12,895

The deal was completed on September 9, 2022. The leasing transaction represents an agreement between Central Rock Gym and Tavros Capital for the retail space located at 537 West 27th Street. This lease allows Central Rock Gym to establish a presence in the West Chelsea market, further expanding their business.

Details

LEASED
IMAGE: Matthew Fogel, David Green & Ike Bibi DATE: 09/09/2022 ADDRESS: 537 West 27th Street MARKET: West Chelsea ASSET TYPE: Retail LANDLORD: Tavros Capital - Nicholas Silvers & Dov Barnett TENANT: Central Rock Gym TENANT'S REP: Jansen Hafen & Jay Gilbert - RPLRE LANDLORD'S REP: Matthew Fogel (@Matt_Fogel), David Green (@DavidSTGreen) & Ike Bibi (@IkeB) - Kassin Sabbagh Realty (@Kassin_Sabbagh_Realty) ASKING RENT: $70/ft. ~ SF: 12,895

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Deal Type
Effective Rent (Annual)

$1,034,787.07

Total Lease Value

$10,347,870.66

Net Landlord Cash Flow$1,034,787.07