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Wang Ning Of Pop Mart Signs 10-Year Lease At 1540 Broadway Times Square With Steven Roth
LEASED
New York
See Similar DealsRetail
Leased 09/29/2025
LEASED
Wang Ning Of Pop Mart Signs 10-Year Lease At 1540 Broadway Times Square With Steven Roth
1540 Broadway
See Similar DealsRetail
Leased 09/29/2025
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Lease
The property involved is a retail asset located at 1540 Broadway in the Times Square market. Pop Mart has signed a lease for 7,000 square feet of space at this address.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1540 Broadway
- Market: Times Square
- Landlord: Steven Roth - Vornado Realty Trust
- Tenant: Wang Ning - Pop Mart
- Lease Term: 10 years
Steven Roth represents Vornado Realty Trust as the landlord, while Wang Ning is the tenant representing Pop Mart, which plans to open its first U.S. flagship store at this location next year.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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