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Trader Joe's Renews Lease For 29,700 Square Feet At 675 6th Avenue In Chelsea
LEASED
New York
See Similar DealsRetail29,700 SF
Leased 04/09/2025
LEASED
Trader Joe's Renews Lease For 29,700 Square Feet At 675 6th Avenue In Chelsea
675 6th Avenue
See Similar DealsRetail29,700 SF
Leased 04/09/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:29,700 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 675 6th Avenue in Chelsea, Manhattan. The total square footage of the store is 29,700 square feet, and it is situated in a prime market area known for its vibrant retail scene.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 675 6th Avenue
- Market: Chelsea, Manhattan
- Landlord: Jeff Gural - GFP Real Estate
- Tenant: Trader Joe's
Trader Joe's has renewed its lease for its store at this location, marking its presence in the area since 2009. The renewal signifies the ongoing partnership between Trader Joe's and Jeff Gural of GFP Real Estate, ensuring that the grocery chain maintains its established footprint in Chelsea.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,702,386.08
Total Lease Value
$17,023,860.78
Net Landlord Cash Flow$1,702,386.08
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