Taco Bell Leases Retail Space From Landlord Fred Schwalb At 1217 Nepperhan Avenue
LEASED
$41
New York
See Similar DealsRetail1,546 SF
Leased 12/21/2024
LEASED
Taco Bell Leases Retail Space From Landlord Fred Schwalb At 1217 Nepperhan Avenue
1217 Nepperhan Avenue
See Similar DealsRetail1,546 SF
Leased 12/21/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$41
Total Square Footage:1,546 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 1217 Nepperhan Avenue in Yonkers. The total square footage of the space is 1,546, and it operates under a Modified Gross Lease agreement with an asking rent of $41 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $41/ft
- Landlord: Fred Schwalb
- Tenant: Taco Bell
- Broker: Rick Stassa - Emerald Commercial Properties
- Lease Type: Modified Gross Lease
- Market: Yonkers
This transaction was facilitated by broker Rick Stassa, representing the landlord, Fred Schwalb. The shopping center is now fully leased, indicating a successful lease process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$72,664.95
Total Lease Value
$726,649.45
Net Landlord Cash Flow$72,664.95
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