Pollo Campero Leases Retail Space At 250 West 34th Street In Manhattan
LEASED
$425
New York
See Similar DealsRetail3,541 SF
Leased 12/22/2023
LEASED
Pollo Campero Leases Retail Space At 250 West 34th Street In Manhattan
250 West 34th Street
See Similar DealsRetail3,541 SF
Leased 12/22/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$425
Total Square Footage:3,541 SF
Transaction Type:Lease
The retail property located at 250 West 34th Street in Manhattan, specifically One Penn Plaza, has been leased by Pollo Campero. The landlord in this transaction is Vornado, while the tenant's representatives are Brett Weinblatt and Ralph Hanan from Compass. The lease term for the property is for 10 years.
Summary of transaction details
- Property Type: Retail
- Address: 250 West 34th Street - One Penn Plaza
- Market: Manhattan
- Tenant: Pollo Campero
- Landlord: Vornado
- Tenant's Rep: Brett Weinblatt & Ralph Hanan - Compass
- Asking Rent: $425/ft
- Square Footage: 3,541 SF
- Lease Term: 10 years
Brett Weinblatt and Ralph Hanan from Compass have successfully represented Pollo Campero in this lease transaction. They played a key role in securing the retail property at 250 West 34th Street, ensuring favorable lease terms for their client.
Players
BROKERAGE
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,725,227.86
Total Lease Value
$17,252,278.57
Net Landlord Cash Flow$1,725,227.86
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