Laundry Empire Signs 10 Year NNN Lease At 403 William Floyd Parkway In Shirley For $16/ft

A retail asset located at 403 William Floyd Parkway in Shirley has been leased. The lease agreement stipulates an asking rent of $16 per square foot for a total space of 12,065 square feet, with a lease term set at 10 years under a NNN lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $16/ft
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Landlord: Realty Three - Charlie Lefkowitz
• Tenant: Laundry Empire
• Landlord's Representative: Aric Schachner & Sam Lefkowitz
• Tenant's Representative: Tim Petrou - Blue Shark Realty Group

The deal involves key representatives, including Aric Schachner and Sam Lefkowitz acting on behalf of the landlord, while Tim Petrou represents the tenant, Laundry Empire. This transaction showcases the collaboration between Realty Three and Blue Shark Realty Group in facilitating the leasing agreement.