Chipotle Mexican Grill Leases Retail Space In Bedford-Stuyvesant
LEASED
$80
+ 1
New York
See Similar DealsRetail2,800 SF
Leased 05/16/2022
LEASED
Chipotle Mexican Grill Leases Retail Space In Bedford-Stuyvesant
1190 Fulton Street, Brooklyn, New York 11216, United States
See Similar DealsRetail2,800 SF
Leased 05/16/2022
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:2,800 SF
Transaction Type:Lease
Chipotle Mexican Grill has signed a lease for a retail space at 1190 Fulton St. in Bedford-Stuyvesant. The property, spanning 2,800 square feet, was leased by Chipotle from landlords Eddie Mizrachi and Soly A. Bawabeh. The deal was facilitated by brokers Josh Augenbaum of Augenbaum Realty Corp. and Benjamin Weiner of Ripco Real Estate.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Asking Rent: $80 per square foot
- Property Square Footage: 2,800
- Address: 1190 Fulton St.
- Market: Bedford-Stuyvesant
The lease agreement between Chipotle and the landlords, Eddie Mizrachi and Soly A. Bawabeh, was brokered by Josh Augenbaum of Augenbaum Realty Corp. and Benjamin Weiner of Ripco Real Estate.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$256,790.90
Total Lease Value
$2,567,908.97
Net Landlord Cash Flow$256,790.90
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