The Picklr Inks 10 Year Lease At 3124 Jericho Turnpike Long Island For $35 Per Foot
LEASED
$1,673,000
New York
See Similar DealsRetail47,800 SF
Leased 10/24/2025
LEASED
The Picklr Inks 10 Year Lease At 3124 Jericho Turnpike Long Island For $35 Per Foot
3124 Jericho Turnpike
See Similar DealsRetail47,800 SF
Leased 10/24/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,673,000
Total Square Footage:47,800 SF
Transaction Type:Lease
The retail asset located at 3124 Jericho Turnpike in Long Island has been leased for a total of $35 per square foot. The property encompasses a total area of 47,800 square feet and the agreement involves a modified gross lease lasting for a period of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $35/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Sterling Organization
- Tenant: The Picklr
- Tenant's Representative: Mani Nagpal - Global Realty Services
The deal features Sterling Organization as the landlord and The Picklr as the tenant, with Mani Nagpal from Global Realty Services representing the tenant in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$91,675,955,021.07
Total Lease Value
$916,759,550,210.73
Net Landlord Cash Flow$91,675,955,021.07
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