Shop Fair Supermarket Leases Retail Space In Brooklyn At 1101-1123 Myrtle Ave
LEASED
New York
See Similar DealsRetail30,000 SF
Leased 06/09/2020
LEASED
Shop Fair Supermarket Leases Retail Space In Brooklyn At 1101-1123 Myrtle Ave
1101 Myrtle Avenue, Brooklyn, NY 11206
See Similar DealsRetail30,000 SF
Leased 06/09/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:30,000 SF
Transaction Type:Lease
Shop Fair Supermarket has signed a lease for a retail space located at 1101-1123 Myrtle Ave in Brooklyn. The property is owned by SYU Properties. The deal was facilitated by broker Ilan Elishayev.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Asking Rent: $50/ft
- Square Footage: 30,000
The lease agreement between Shop Fair Supermarket and the landlord, SYU Properties, was finalized on 06/09/2021. The retail space is located at 1101-1123 Myrtle Ave in Brooklyn. Ilan Elishayev, representing Shop Fair Supermarket, played a crucial role in securing the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,719,581.90
Total Lease Value
$17,195,818.97
Net Landlord Cash Flow$1,719,581.90
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