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Dunkin Donuts, Baskin Robbins, And Little Caesar’s Pizza Lease Retail Space In Corona, Queens

Property Image
LEASED
Richard Senior
Kevin Louie
+ 1

New York

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Retail5,100 SF
Leased 08/03/2022
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Property Image
LEASED

Dunkin Donuts, Baskin Robbins, And Little Caesar’s Pizza Lease Retail Space In Corona, Queens

108 Roosevelt Avenue, Queens, New York 11372, United States

See Similar Deals
Retail5,100 SF
Leased 08/03/2022
Richard Senior
Kevin Louie
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:5,100 SF
Transaction Type:Lease

Barone Management has leased a retail property located at 108-68 Roosevelt Avenue in Corona, Queens. The asset, spanning 5,100 square feet, was leased to Dunkin Donuts, Baskin Robbins, Little Caesar's Pizza, and Deli. The deal was facilitated by Richard Senior, Peter Yoon, Stephen R. Preuss Sr, and Kevin Louie of Ripco Real Estate, representing the landlord.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: 08/03/2022
  • Address: 108-68 Roosevelt Avenue
  • Market: Corona, Queens
  • Asking Rent: $75/ft.
  • Square Footage: 5,100

Dunkin Donuts, Baskin Robbins, Little Caesar's Pizza, and Deli will be the new tenants of the retail property, signing a lease agreement with Barone Management. Richard Senior, Peter Yoon, Stephen R. Preuss Sr, and Kevin Louie of Ripco Real Estate represented the landlord in the transaction.

Players

Kevin Louie
126 deals$1B volume(718) 663-2642
BROKER

Stephen R. Preuss Sr.
Ripco
259 deals$2B volume(718) 663-2639
BROKER

Richard Senior
Ripco
12 deals$11.9M volume
BROKER

Peter Yoon
Ripco
4 deals
BROKER

BROKERAGE



Details

LEASED
IMAGE: Richard Senior, Peter Yoon, Stephen R. Preuss Sr & Kevin Louie DATE: 08/03/2022 ADDRESS: 108-68 Roosevelt Avenue MARKET: Corona, Queens ASSET TYPE: Retail LANDLORD: Barone Management TENANT: Dunkin Donuts, Baskin Robbins, Little Caesar’s Pizza & Deli LANDLORD'S REP: Richard Senior, Peter Yoon, Stephen R. Preuss Sr (@RipcoInvestmentSales) & Kevin Louie (@Kevin.Louie_Investment_Sales) - Ripco Real Estate (@RipcoRealEstate) ASKING RENT: $75/ft. ~ SF: 5,100

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Deal Type
Effective Rent (Annual)

$292,328.92

Total Lease Value

$2,923,289.22

Net Landlord Cash Flow$292,328.92