Shake Shack Signs Lease For Retail Space In Queens' 160-08 Jamaica Avenue
LEASED
New York
See Similar DealsRetail6,000 SF
Leased 02/09/2022
LEASED
Shake Shack Signs Lease For Retail Space In Queens' 160-08 Jamaica Avenue
160-08 Jamaica Avenue, Queens, New York 11432, United States
See Similar DealsRetail6,000 SF
Leased 02/09/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:6,000 SF
Transaction Type:Lease
United American Land has leased a retail space located at 160-08 Jamaica Avenue in Queens. The property, measuring 6,000 square feet, was leased to Shake Shack. The tenant was represented by Roberto Rhett from GoodSpace NYC, while the landlord was represented by Brett Weinblatt and Ralph Hanan from Compass. The lease transaction was completed on February 9, 2022. The asking rent for the space was $175 per square foot.
Summary of transaction details
- Property Type: Retail
- Date: 02/09/2022
- Address: 160-08 Jamaica Avenue
- Market: Queens
- Landlord: United American Land
- Tenant: Shake Shack
- Tenant's Rep: Roberto Rhett - GoodSpace NYC
- Landlord's Rep: Brett Weinblatt & Ralph Hanan - Compass
- Asking Rent: $175/ft.
- SF: 6,000
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$343,916.38
Total Lease Value
$3,439,163.79
Net Landlord Cash Flow$343,916.38
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