KFC Signs Retail Lease At 373 East Fordham Road With Jem Realty
LEASED
New York
See Similar DealsRetail2,500 SF
Leased 06/30/2018
LEASED
KFC Signs Retail Lease At 373 East Fordham Road With Jem Realty
373 East Fordham Road, Bronx, NY 10458
See Similar DealsRetail2,500 SF
Leased 06/30/2018
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,500 SF
Transaction Type:Lease
The retail space located at 373 East Fordham Road has been leased. The property, spanning 2,500 square feet, was recently leased to KFC. The lease transaction was facilitated by KSR, represented by Solomon Sharaby & Albert Manopla, who acted as brokers for both the landlord, Jem Realty, and the tenant. The lease was finalized on June 30, 2018, and the asking rent for the space was $120 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 373 East Fordham Road
- Market: Not specified
- Tenant: @KFC
- Landlord: Jem Realty
- Brokers: KSR - Solomon Sharaby & Albert Manopla
This retail lease deal involved KFC as the tenant and Jem Realty as the landlord. The brokers, Solomon Sharaby and Albert Manopla from KSR, represented both parties in the deal. The lease agreement was signed on June 30, 2018, and the asking rent for the 2,500 square feet space was $120 per square foot.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$143,298.49
Total Lease Value
$1,432,984.91
Net Landlord Cash Flow$143,298.49
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