The Hakimian Organization Leases Retail Space At 50 Lexington Avenue To Campus Deli For 10 Years

The property asset involved is located at 50 Lexington Avenue in the Flatiron District, and is classified as a retail asset. The asking rent is set at $200 per foot for a total space of 1,000 square feet. The lease term is established for 10 years under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $200/ft
• Square Footage: 1,000 SF
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: The Hakimian Organization
• Tenant: Campus Deli
• Brokers: Aaron Aziz & Josh Sarraf - ARA

Key individuals involved in this transaction include the representatives Aaron Aziz and Josh Sarraf from ARA, who facilitated the lease agreement between The Hakimian Organization as the landlord and Campus Deli as the tenant.