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Dollar Tree Leases Retail Space On Cross Bay Blvd, Queens For 9,999 SF

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LEASED

New York

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Retail9,999 SF
Leased 04/05/2018
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LEASED

Dollar Tree Leases Retail Space On Cross Bay Blvd, Queens For 9,999 SF

13720 Cross Bay BLVD, Queens, NY, 1...

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Retail9,999 SF
Leased 04/05/2018
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9,999 SF
Transaction Type:Lease

The dollar store chain Dollar Tree signed a lease for 9,999 square feet of retail space at 137-20 Cross Bay Boulevard in Queens' Ozone Park. The landlord, Cross Bay Associates, was represented by Richard Senior of Ripco Real Estate in this transaction.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 137-20 Cross Bay Boulevard, Queens, NY
  • Market: Ozone Park
  • Tenant: Dollar Tree
  • Landlord: Cross Bay Associates
  • Square Feet: 9,999
  • Landlord's Rep: Richard Senior (Ripco)

Richard Senior of Ripco Real Estate played a dual role in this lease agreement, representing both the tenant, Dollar Tree, and the landlord, Cross Bay Associates, showcasing his expertise in facilitating commercial real estate deals in the Queens area.

Players

Richard Senior
12 deals$11.9M volume
BROKER

Dollar Tree
TENANT

Details

LEASED
IMAGE: 04/05/2018 ADDRESS: 13720 Cross Bay BLVD, Queens, NY, 1... MARKET: Ozone Park ASSET TYPE: Retail LANDLORD'S REP: Richard Senior(Ripco) TENANT: Dollar Tree LANDLORD: Cross Bay Associates SQUARE FEET: 9999

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Deal Type
Effective Rent (Annual)

$573,136.65

Total Lease Value

$5,731,366.46

Net Landlord Cash Flow$573,136.65