7-Eleven Signs 15-Year Retail Lease In North Babylon, Suffolk County

7-Eleven has entered into a lease agreement for a retail space located at 1273 Deer Park Ave in Suffolk County, North Babylon. The property spans 3,050 square feet and the lease is priced at $56 per square foot, NNN. The term of the lease is 15 years, with options for extension.

Summary of transaction details

• Property Type: Retail Lease
• Transaction Amount: Not mentioned
• Address: 1273 Deer Park Ave, Suffolk County, North Babylon
• Tenant: 7-Eleven
• Landlord: Sam Arans, SA Realty Holdings
• Brokers: Joe Mastov, Albert Aranbaev – Asset Commercial Realty Group
• PPSF: $56
• NNN SF: 3,050
• Term: 15 years w/ options

The lease agreement was facilitated by Joe Mastov and Albert Aranbaev, brokers representing Asset Commercial Realty Group. Their expertise and negotiation skills led to the successful conclusion of the deal between 7-Eleven and Sam Arans, the landlord of the property.