Tri Coffee Corp. Leases Retail Space At 1450 Broadway In Times Square With Brokers David Green, Ike Bibi, And David Sabbagh - KSR
LEASED
New York
See Similar DealsRetail1,100 SF
Leased 03/08/2022
LEASED
Tri Coffee Corp. Leases Retail Space At 1450 Broadway In Times Square With Brokers David Green, Ike Bibi, And David Sabbagh - KSR
1450 Broadway, New York City, New York 10018, United States
See Similar DealsRetail1,100 SF
Leased 03/08/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,100 SF
Transaction Type:Lease
The retail property at 1450 Broadway in Times Square has been leased by Tri Coffee Corp. The lease was facilitated by brokers David Green, Ike Bibi, and David Sabbagh of KSR. The property spans 1,100 square feet and the asking rent is $400 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Leased
- Date: 03/08/2022
- Address: 1450 Broadway
- Market: Times Square
- Landlord: Babak Zar
- Tenant: Tri Coffee Corp.
- Brokers: David Green, Ike Bibi, and David Sabbagh - KSR
- Asking Rent: $400 per square foot
- Square Footage: 1,100
The deal was successfully negotiated with the involvement of brokers David Green, Ike Bibi, and David Sabbagh of KSR, representing the tenant Tri Coffee Corp. The lease agreement was settled at an asking rent of $400 per square foot.
Players
TENANT
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$63,051.34
Total Lease Value
$630,513.36
Net Landlord Cash Flow$63,051.34
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