Luckin Coffee Signs Lease At 366 5th Avenue In Midtown South With Landlord Norman F. Levy

The property asset involved in this lease transaction is located at 366 5th Avenue in the Midtown South market, encompassing 2,000 square feet. The asking rent is set at $225 per square foot under a Single Net Lease arrangement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $225/ft
• Square Footage: 2,000
• Address: 366 5th Avenue
• Market: Midtown South
• Landlord: Norman F. Levy
• Tenant: Luckin Coffee
• Tenant's Representatives: Sunanne Zhu, Mathiew Wilson & Shiyun Shang - Alignment Realty
• Broker: Tyler King - Newmark
• Lease Type: Single Net Lease

In this transaction, the landlord, Norman F. Levy, is leasing the retail space to tenant Luckin Coffee. The tenant is represented by the team of Sunanne Zhu, Mathiew Wilson, and Shiyun Shang from Alignment Realty, while Tyler King from Newmark acts as the broker for the deal.