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154 Fulton Avenue

Agus Holdings Leases Retail Space To Chipotle At 154 Fulton Avenue For 10 Years
LEASEDRetail

Agus Holdings Leases Retail Space To Chipotle At 154 Fulton Avenue For 10 Years

154 Fulton Avenue

$75

$75/SF

Building Size

2,020 SF

Asset Type

Retail

Closing

Jul 10, 2025

AI

The property involved in this transaction is a retail asset located at 154 Fulton Avenue in Hempstead. It features a leased space of 2,020 square feet under a NNN lease arrangement, with the asking rent set at $75 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 154 Fulton Avenue
  • Market: Hempstead
  • Landlord: Agus Holdings
  • Tenant: Chipotle
  • Lease Term: 10 Years
  • Landlord's Representative: Adam Agus & Greg Parassio - Booth Street
  • Tenant's Representative: Joanne Argenti - Ripco

This lease agreement establishes a long-term relationship between the landlord Agus Holdings and the tenant Chipotle. The representatives facilitating the transaction include Adam Agus and Greg Parassio for the landlord, while Joanne Argenti represents the tenant in this deal.

Players

Greg Parassio

Booth Street

Broker

22 deals

Broker
Booth Street
Booth StreetBrokerage
Ripco
RipcoBrokerage
Agus Holdings
Agus HoldingsLandlord

Hempstead Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93