GymShark Leases 15,000 SF Retail Space At 11 Bond Street From RFR Holding
LEASED
$300
+ 2
New York
See Similar DealsRetail15,000 SF
Leased 02/03/2025
LEASED
GymShark Leases 15,000 SF Retail Space At 11 Bond Street From RFR Holding
11 Bond Street
See Similar DealsRetail15,000 SF
Leased 02/03/2025
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$300
Total Square Footage:15,000 SF
Transaction Type:Lease
The property asset involved is a retail space located at 11 Bond Street in Noho, Manhattan. The transaction involves a long-term lease for a total of 15,000 square feet at an asking rent of $300 per square foot. The lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $300/ft
- Lease Term: Long Term
- Lease Type: Modified Gross Lease
- Landlord: RFR Holding
- Tenant: GymShark
- Brokers: Brandon Singer, Suzanne Bernstock, Manu Wendum - Retail By Mona; Joel Stephen & Preston Cannon - CBRE
The deal includes key representatives from the involved agencies who played a critical role in facilitating the lease transaction. Brandon Singer, Suzanne Bernstock, and Manu Wendum represented Retail By Mona, while Joel Stephen and Preston Cannon represented CBRE.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,158,745.69
Total Lease Value
$51,587,456.90
Net Landlord Cash Flow$5,158,745.69
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