7-Eleven Signs 15-Year Retail Lease In North Babylon, Suffolk County
LEASED
New York
See Similar DealsRetail3,050 SF
Leased
LEASED
7-Eleven Signs 15-Year Retail Lease In North Babylon, Suffolk County
1273 Deer Park Ave, North Babylon, NY 11703, USA
See Similar DealsRetail3,050 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:3,050 SF
Transaction Type:Lease
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$174,824.16
Total Lease Value
$1,748,241.59
Net Landlord Cash Flow$174,824.16
Is there something missing? Send suggestions