Daily limit: 0/10
Rodd & Gunn Signs Lease For Retail Space At 555 Fifth Avenue In Manhattan For $475/ft
LEASED
$475
New York
See Similar DealsRetail
Leased 12/04/2024
LEASED
Rodd & Gunn Signs Lease For Retail Space At 555 Fifth Avenue In Manhattan For $475/ft
555 5th Avenue
See Similar DealsRetail
Leased 12/04/2024
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Lease
A retail space located at 555 5th Avenue in Manhattan has been leased to Rodd & Gunn, encompassing a total area of 3,378 square feet. The lease was signed with an asking rent of $475 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $475/ft
- Square Footage: 3,378
- Address: 555 5th Avenue
- Market: Manhattan
- Landlord: Damon Hemmerdinger & Kate Hemmerdinger Goodman - ATCO Properties
- Tenant: Mike Beagley - Rodd & Gunn
- Broker: Michael Paster - Newmark
This lease agreement marks a significant milestone for Rodd & Gunn, as they plan to open the retail space on December 10. The involvement of ATCO Properties as the landlord highlights their role in facilitating this transaction, while Newmark serves as the brokerage firm representing the leasing of the property.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,445,342.67
Total Lease Value
$54,453,426.73
Net Landlord Cash Flow$5,445,342.67
Is there something missing? Send suggestions