CVS Pharmacy Signs Lease For 10000 Square Feet At 120 5th Ave Brooklyn With Senlac Ridge Partners
LEASED
New York
See Similar DealsRetail10,000 SF
Leased 08/25/2022
LEASED
CVS Pharmacy Signs Lease For 10000 Square Feet At 120 5th Ave Brooklyn With Senlac Ridge Partners
120 5th Ave, Brooklyn, NY, 11217
See Similar DealsRetail10,000 SF
Leased 08/25/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:10,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 120 5th Ave, Brooklyn, NY, 11217. This lease involves an asset with a total square footage of 10,000. The market for this property is Brooklyn.
Summary of transation details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 120 5th Ave, Brooklyn, NY, 11217
- Square Feet: 10,000
- Tenant: CVS Pharmacy
- Landlord: Senlac Ridge Partners
- Tenant's Representatives: Harrison Abramowitz - Newmark Grubb Knight Frank, Jason Pruger - Newmark
The deal includes key representatives from Newmark Grubb Knight Frank, with Harrison Abramowitz and Jason Pruger representing CVS Pharmacy in the lease transaction. Senlac Ridge Partners serves as the landlord in this agreement.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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