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Growing Minds Youth Development Signs 12-Year Lease For Bronx Day Care Center
LEASED
$32
New York
See Similar DealsRetail5,000 SF
Leased 05/10/2023
LEASED
Growing Minds Youth Development Signs 12-Year Lease For Bronx Day Care Center
2189 Arthur Ave Bronx, NY 10457, USA
See Similar DealsRetail5,000 SF
Leased 05/10/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$32
Total Square Footage:5,000 SF
Transaction Type:Lease
Growing Minds Youth Development has signed a 12-year lease for its second location in the Bronx, a day care center with 5,000 square feet on the ground floor of 2189 Arthur Avenue. The property is a retail asset and the asking rent for the lease was $32 per square foot.
Summary of transaction details:
- Property Type: Retail
- Tenant: Growing Minds Youth Development
- Lease Terms: 12-year lease
- Property Address: 2189 Arthur Avenue, Bronx
- Asking Rent: $32 per square foot
The lease deal was handled by Tri State Commercial Realty's Dov Bleich and Daniel Sharabi. They represented the tenant, Growing Minds Youth Development, in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$183,422.07
Total Lease Value
$1,834,220.69
Net Landlord Cash Flow$183,422.07
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