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Shengbao Zhang Signs Lease For Retail Space At 40-16 National Street In New York City

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LEASED
$70
Jun Shu (James) Zhang

New York

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Retail11,250 SF
Leased 07/18/2023
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Property Image
LEASED

Shengbao Zhang Signs Lease For Retail Space At 40-16 National Street In New York City

40-16 National St Corona, NY 11368, USA

See Similar Deals
Retail11,250 SF
Leased 07/18/2023
Jun Shu (James) Zhang
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:11,250 SF
Transaction Type:Lease

A lease transaction has taken place in New York City. Located at 40-16 National Street, the property involved is a retail space. The lease was secured by KP Developers, represented by Aaron Kahen, as the landlord. On the other side, Shengbao Zhang will serve as the tenant.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Asking Rent: $70/ft
  • Square Footage: 11,250
  • Address: 40-16 National Street, New York City
  • Market: New York City

The lease transaction was facilitated by the B Square Realty team, comprising brokers Barbie Li and James Zhang. They played a critical role in identifying the perfect setting for a new location of the expanding supermarket chain owned by Shengbao Zhang. The retail space in the heart of Corona promises to bring a high-quality supermarket to the local community.

The Barbie Li Team, with their extensive industry experience and a growing network of satisfied landlords and tenants, remains committed to providing excellent commercial real estate services. Landlords looking to maximize their investment or potential tenants searching for their ideal commercial space can reach out to Barbie Li at 347-628-8818 or [email protected] for assistance. The team has a diverse portfolio of high-quality commercial spaces waiting to be explored.

Players

Li (Barbie) Li
49 deals$83.2M volume(646) 889-9988
BROKER


Details

LEASED
IMAGE: Aaron Kahen, Barbie Li & James Zhang DATE: 07/18/2023 ADDRESS: 40-16 National Street MARKET: New York City ASSET TYPE: Retail LANDLORD: KP Developers (@KPDevelopers.inc) - Aaron Kahen TENANT: Shengbao Zhang BROKERS: Barbie Li (@Barbie_Li_NY_Broker) & James Zhang - B Square Realty (@BSquareRealty) ASKING RENT: $70/ft ~ SF: 11,250 NOTE FROM BROKER: Today marks another triumphant day for the Barbie Li Team as we celebrate securing the lease for our client's another location of their expanding supermarket chain. We've identified an ideal setting for their burgeoning business in the heart of Corona, promising to introduce a high-quality supermarket to serve the local community. With a wealth of experience in the industry and a growing network of satisfied landlords and tenants, we're committed to bringing you the best in commercial real estate services. If you are a landlord seeking to maximize your investment, or a potential tenant looking for your ideal commercial space, don't hesitate to reach out. We still have a diverse portfolio of high-quality commercial spaces waiting for you. Contact 347-628-8818 [email protected] today and experience the difference of working with the top local team.

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Deal Type
Effective Rent (Annual)

$902,780.50

Total Lease Value

$9,027,804.96

Net Landlord Cash Flow$902,780.50