Kimco Realty Leases Retail Space To Villagers Farmers At 265 North Broadway In Hicksville
LEASED
$50
New York
See Similar DealsRetail12,919 SF
Leased 05/22/2025
LEASED
Kimco Realty Leases Retail Space To Villagers Farmers At 265 North Broadway In Hicksville
265 North Broadway
See Similar DealsRetail12,919 SF
Leased 05/22/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:12,919 SF
Transaction Type:Lease
The property asset involved in the transaction is located at 265 North Broadway in Hicksville, categorized as a retail space. The asking rent for this space is set at $50 per square foot, spanning a total area of 12,919 square feet. The lease term established for this property is 20 years under a Single Net Lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Address: 265 North Broadway
- Market: Hicksville
- Asset Size: 12,919 SF
- Lease Term: 20 years
- Lease Type: Single Net Lease
- Landlord: Kimco Realty
- Tenant: Villagers Farmers
- Broker: Raj Whadwa - Global Realty Services
The key individuals involved in this transaction include Kimco Realty as the landlord and Villagers Farmers as the tenant. The representative for this deal is Raj Whadwa from Global Realty Services, facilitating the lease agreement between the parties involved.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$740,509.28
Total Lease Value
$7,405,092.84
Net Landlord Cash Flow$740,509.28
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