Sorin Medical Signs 15-Year Lease For Retail Space At 120 Wall Street
LEASED
$80
New York
See Similar DealsRetail5,686 SF
Leased 07/09/2021
LEASED
Sorin Medical Signs 15-Year Lease For Retail Space At 120 Wall Street
120 Wall Street, Manhattan, New York, NY, USA
See Similar DealsRetail5,686 SF
Leased 07/09/2021
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:5,686 SF
Transaction Type:Lease
Sorin Medical has signed a 15-year lease for the ground-floor retail space at 120 Wall Street in the Financial District. The space spans 5,686 square feet and is owned by Silverstein Properties. The asking rent for the space is $80 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 120 Wall Street, Financial District
- Tenant: Sorin Medical
- Landlord: Silverstein Properties
- Asking Rent: $80/ft.
- Square Footage: 5,686
- Term: 15-year lease
Jamie Weiner of Manhattes Group and Harlan Strader III of Silverstein Properties represented the landlord in the deal.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$521,468.94
Total Lease Value
$5,214,689.42
Net Landlord Cash Flow$521,468.94
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