Pollo Campero Leases Retail Space At 250 West 34th Street In Manhattan
250 West 34th Street
$425
$425/SF
Building Size
3,541 SF
Asset Type
Retail
Closing
Dec 22, 2023
About this deal
AI
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
Pittsburgh Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Ralph Hanan to view all their deals.
Browse Pittsburgh retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
37324.71%
Cash-on-Cash
-10667.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93