El Buen Sabor Signs 10-Year Lease At 692 Fulton Avenue In Hempstead
LEASED
$50
New York
See Similar DealsRetail3,000 SF
Leased 05/24/2023
LEASED
El Buen Sabor Signs 10-Year Lease At 692 Fulton Avenue In Hempstead
692 Fulton Ave Hempstead, NY 11550, USA
See Similar DealsRetail3,000 SF
Leased 05/24/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:3,000 SF
Transaction Type:Lease
Agus Holdings has completed a lease transaction for a retail property located at 692 Fulton Avenue in Hempstead. The property spans 3,000 square feet and was leased to El Buen Sabor for a term of 10 years. The asking rent for the space was $50 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 692 Fulton Avenue
- Market: Hempstead
- Landlord: Agus Holdings
- Tenant: El Buen Sabor
- Broker: Adam Agus - Booth Street
- Asking Rent: $50/ft
- Lease Term: 10 Years
The lease deal for 692 Fulton Avenue was facilitated by Adam Agus from Booth Street, representing Agus Holdings. This transaction marks a significant move for both the landlord and the tenant, securing retail space in Hempstead.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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