CBD Kratom Leases Retail Space At 1420 Broadway In Midtown Manhattan
LEASED
+ 1
New York
See Similar DealsRetail2,400 SF
Leased 03/22/2021
LEASED
CBD Kratom Leases Retail Space At 1420 Broadway In Midtown Manhattan
1420 Broadway, Manhattan, New York, NY, USA
See Similar DealsRetail2,400 SF
Leased 03/22/2021
+ 1
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,400 SF
Transaction Type:Lease
The retail property located at 1420 Broadway in Midtown has been leased. The lease transaction was finalized on 03/22/2021.
Summary of transaction details:
- Property Type: Retail
- Address: 1420 Broadway, Midtown
- Tenant: CBD Kratom
- Landlord: AB And Sons & Aini Group
- Tenant's Representative: George Skaliarinis
- Landlord's Representatives: Ike Bibi, Carolina Aziz, and David Green from Kassin Sabbagh Realty
- Asking Rent: $195 per square foot
- Total Square Footage: 2,400 sqft
The lease agreement was facilitated by George Skaliarinis, representing CBD Kratom, and Ike Bibi, Carolina Aziz, and David Green from Kassin Sabbagh Realty, representing the landlord, AB And Sons & Aini Group.
It is worth noting that the second and third floors of the property are also available for lease. For more information, interested parties can contact Carolina Aziz, David Green, or Ike Bibi.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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