Gene Spiegelman Of Ripco Represents Tenant In Lease At 630 Old Country Rd Garden City NY
LEASED
New York
See Similar DealsRetail68,000 SF
LEASED
Gene Spiegelman Of Ripco Represents Tenant In Lease At 630 Old Country Rd Garden City NY
630 Old Country Rd, Garden City, NY 11530
See Similar DealsRetail68,000 SF
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:68,000 SF
Transaction Type:Lease
The property involved in this transaction is a retail lease located at 630 Old Country Rd, Garden City, NY 11530. This retail space spans 68,000 square feet and is part of the Roosevelt Field shopping center in Garden City, which features various well-known retailers and dining establishments.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 68,000
- Address: 630 Old Country Rd, Garden City, NY 11530
- Market: Garden City
- Tenant: Century 21 Stores
- Tenant's Representative: Gene Spiegelman-Ripco
- Landlord: Simon Property Group
The lease was secured by RIPCO Real Estate for department store chain Century 21 Stores. The store is set to open in the spring of 2021, with Gene Spiegelman of RIPCO acting as the representative for the tenant in this transaction. The landlord, Simon Property Group, is the owner of the Roosevelt Field shopping center.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,897,718.97
Total Lease Value
$38,977,189.66
Net Landlord Cash Flow$3,897,718.97
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