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Herrick Lutts Realty Facilitates Lease Of 6,066 SF Restaurant Space In Beverly, MA
LEASED
Massachusetts
See Similar DealsRetail6,066 SF
Leased 06/28/2023
LEASED
Herrick Lutts Realty Facilitates Lease Of 6,066 SF Restaurant Space In Beverly, MA
27-33 Enon Street Beverly, Massachusetts 01915, USA
See Similar DealsRetail6,066 SF
Leased 06/28/2023
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:6,066 SF
Transaction Type:Lease
The lease of a 6,066 square foot restaurant space in Beverly, MA was recently facilitated by Herrick Lutts Realty Partners. The space, located at 27-33 Enon Street, was previously occupied by Bertucci's Italian Restaurant. The lease was secured between the owner, Winkel Properties, and the tenant, Beverly G LLC.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 27-33 Enon Street, Beverly, MA
- Market: Beverly, MA
- Square Footage: 6,066
- Landlord: Winkel Properties
- Tenant: Beverly G LLC
- Brokers: Nick Zolotas & Rich Vincent - Herrick Lutts Realty Partners
Herrick Lutts Realty Partners played a crucial role in facilitating the lease transaction between Winkel Properties and Beverly G LLC. The deal allowed the tenant to secure a 6,066 square foot space for their restaurant in Beverly, MA.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$347,699.46
Total Lease Value
$3,476,994.60
Net Landlord Cash Flow$347,699.46
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