Jeff Sutton Leases Retail Space To Wonder Foods At 481 Kings Highway Brooklyn For $120/ft

The property asset involved in this transaction is a retail space located at 481 Kings Highway in Brooklyn. The asking rent for the 4,000 square foot space is $120 per square foot. The lease term agreed upon is 10 years, structured as a Single Net Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Square Footage: 4,000
• Lease Term: 10 Years
• Lease Type: Single Net Lease
• Landlord: Jeff Sutton
• Tenant: Wonder Foods
• Landlord's Representative: Solomon Betesh, Avi Akiva & Jonathan Lib - Momentum Realty Group
• Tenant's Representative: Logan Ryan - Newmark

The key individuals involved in this lease deal include landlord Jeff Sutton and tenant Wonder Foods, represented by Logan Ryan from Newmark. The landlord's representation comes from Solomon Betesh, Avi Akiva, and Jonathan Lib of Momentum Realty Group, highlighting the professional partnerships facilitating this transaction.