Taco Bell Leases Retail Space From Landlord Fred Schwalb At 1217 Nepperhan Avenue

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.