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Southdown Coffee Leases Retail Space At 1 Village Green Way, Patchogue

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LEASED

New York

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Retail2,126 SF
Leased 08/27/2022
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LEASED

Southdown Coffee Leases Retail Space At 1 Village Green Way, Patchogue

1 Village Green Way, Patchogue, NY...

See Similar Deals
Retail2,126 SF
Leased 08/27/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,126 SF
Transaction Type:Lease

The property involved in the transaction is a retail asset located at 1 Village Green Way, Patchogue, NY. Spanning 2,126 square feet, the asset is situated in the bustling market of Patchogue, specifically within the New Village at Patchogue mixed-use development.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1 Village Green Way, Patchogue, NY
  • Market: Patchogue
  • Landlord's Rep: Maria Valanzano (Colliers International), Steven D’Orazio (Colliers International)
  • Tenant: Southdown Coffee
  • Landlord: TRITEC Real Estate Company
  • Square Feet: 2,126

The key individuals and companies involved in this transaction were Senior Managing Directors Maria Valanzano and Steven D’Orazio from Colliers International. They represented both the landlord, TRITEC Real Estate Company, and the tenant, Southdown Coffee, in securing the lease at the vibrant New Village at Patchogue location. The New Village development, which was completed in 2014, has significantly contributed to the revitalization of Patchogue, offering a mix of residential, retail, and office spaces that have enhanced the community's appeal.

Players

SD
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BROKER


LANDLORD

Details

LEASED
IMAGE: 08/27/2022 ADDRESS: 1 Village Green Way, Patchogue, NY... MARKET: Patchogue ASSET TYPE: Retail LANDLORD'S REP: Maria Valanzano(Colliers International), Steven D’Orazio(Colliers International) TENANT: Southdown Coffee LANDLORD: TRITEC Real Estate Company SQUARE FEET: 2126

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Deal Type
Effective Rent (Annual)

$121,861.04

Total Lease Value

$1,218,610.37

Net Landlord Cash Flow$121,861.04