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Add Health Pharmacy Signs Modified Gross Lease For Retail Space At 2482 Grand Concourse In Fordham, Bronx

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LEASED
$50

New York

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Retail10,000 SF
Leased 10/01/2023
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Property Image
LEASED

Add Health Pharmacy Signs Modified Gross Lease For Retail Space At 2482 Grand Concourse In Fordham, Bronx

2482 Grand Concourse

See Similar Deals
Retail10,000 SF
Leased 10/01/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:10,000 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 2482 Grand Concourse in Fordham, Bronx. It is a retail space with a total area of 10,000 square feet. The lease is a Modified Gross Lease, and the asking rent for the property is $50 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Transaction Date: 10/01/2023
  • Landlord: Alan Jemal
  • Tenant: Add Health Pharmacy
  • Brokers: Solomon Sharaby & Nathan Aballi - KSR
  • Market: Fordham, Bronx

Alan Jemal is the landlord in this lease transaction, and Add Health Pharmacy is the tenant. The deal was brokered by Solomon Sharaby and Nathan Aballi from KSR. The property is located in the Fordham market.

Players

Solomon Sharaby
98 deals$3M volume
BROKER

Nathan Aballi
Kassin Sabbagh Realty
50 deals$8.3M volume(917) 915-8763
BROKER

LANDLORD

Details

LEASED
IMAGE: Solomon Sharaby & Nathan Aballi DATE: 10/01/2023 ADDRESS: 2482 Grand Concourse MARKET: Fordham, Bronx ASSET TYPE: Retail LANDLORD: Alan Jemal TENANT: Add Health Pharmacy BROKERS: Solomon Sharaby (@Sollo95) & Nathan Aballi (@Nate_Realty) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $50/ft ~ SF: 10,000 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97