Peter Lee Leases Retail Space To Spencer's Spa At 136 North 10th Street Brooklyn For $50/ft

The retail asset located at 136 North 10th Street in Brooklyn features an asking rent of $50 per square foot and encompasses a total of 5,000 square feet. The lease term is established for 10 years under a single net lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $50/ft
• Lease Term: 10 Years
• Lease Type: Single Net Lease
• Landlord: Peter Lee
• Tenant: Spencer's Spa
• Brokers: Morris Mishan & Avi Akiva - Momentum Realty Group

This transaction involved significant participation from Morris Mishan and Avi Akiva, who represented the landlord and tenant respectively in this lease agreement. Their roles were crucial in facilitating the deal between Peter Lee and Spencer's Spa.