Liquor Warehouse Leases Retail Space At 490 Rockaway Turnpike In Lawrence
LEASED
$55
New York
See Similar DealsRetail8,000 SF
Leased 06/06/2023
LEASED
Liquor Warehouse Leases Retail Space At 490 Rockaway Turnpike In Lawrence
490 Rockaway Turnpike Lawrence, NY 11559, USA
See Similar DealsRetail8,000 SF
Leased 06/06/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:8,000 SF
Transaction Type:Lease
The retail property located at 490 Rockaway Turnpike in Lawrence is currently available for lease. The property spans approximately 8,000 square feet and is owned by Ashkenazy Acquisition Corporation.
Summary of Transaction Details
- Property Type: Retail
- Asking Rent: $55 per square foot
- Square Footage: 8,000
- Market: Lawrence
- Landlord: Ashkenazy Acquisition Corporation
Liquor Warehouse has expressed interest in leasing the property. Bruce Herman from Booth Street is the broker representing both the landlord, Ashkenazy Acquisition Corporation, and the tenant, Liquor Warehouse.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$504,410.69
Total Lease Value
$5,044,106.90
Net Landlord Cash Flow$504,410.69
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