Club Monaco Leases Retail Space In New York From Thor Equities For 13000 SF
LEASED
New York
See Similar DealsRetail13,000 SF
Leased 11/08/2019
LEASED
Club Monaco Leases Retail Space In New York From Thor Equities For 13000 SF
597 5th Ave, New York, NY, 10017
See Similar DealsRetail13,000 SF
Leased 11/08/2019
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:13,000 SF
Transaction Type:Lease
The retail property located at 597 5th Ave, New York, NY, 10017, boasts a size of 13,000 square feet. This prime location in New York was leased by Club Monaco, with Thor Equities serving as the landlord. The deal was finalized on November 8, 2019.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant's Representative: Robert (Bob) Cohen
- Tenant: Club Monaco
- Landlord: Thor Equities
Robert (Bob) Cohen played a pivotal role as the tenant's representative in the lease agreement for this property. The collaboration between Club Monaco and Thor Equities underscores the significance of tenant-landlord relationships in securing prime retail spaces in sought-after locations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$745,152.16
Total Lease Value
$7,451,521.55
Net Landlord Cash Flow$745,152.16
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