Mcmickens Family Leases Retail Space On Dekalb Avenue To Boxing Fitness Gym At $60/ft

The property involved in this transaction is a retail lease located at 1444 Dekalb Avenue in Brooklyn. The asset represents a significant opportunity in the retail market, with an asking rent of $60 per square foot for a total area of 1,500 square feet. The landlord for this property is the Mcmickens Family, while the tenant is a boxing/fitness gym.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $60/ft
• Square Footage: 1,500 SF
• Address: 1444 Dekalb Avenue
• Market: Brooklyn
• Landlord: Mcmickens Family
• Tenant: Boxing / Fitness Gym
• Brokers: Tyler Zar, Adam Lavian & Tanner Zar - Titan Group New York
• Lease Type: Retail Lease

Titan Group New York represented both the landlord and the tenant in this transaction. Notably, the store had been vacant for over a year before being leased within just a few months. This highlights the effectiveness of Titan Group New York in facilitating lease agreements and their capability to assist owners in leasing vacant units.