Magic Tree Dispensary Leases Retail Space In Queens At 71-08 Kissena Boulevard
LEASED
$60
New York
See Similar DealsRetail3,140 SF
Leased 09/12/2022
LEASED
Magic Tree Dispensary Leases Retail Space In Queens At 71-08 Kissena Boulevard
71-08 Kissena Boulevard
See Similar DealsRetail3,140 SF
Leased 09/12/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:3,140 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 71-08 Kissena Boulevard in Queens. The asking rent for the space is $60 per square foot for a total area of 3,140 square feet. The asset is positioned in the Queens market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $189,000
- Address: 71-08 Kissena Boulevard
- Market: Queens
- Landlord: Josh Goldberg
- Tenant: Magic Tree Dispensary
- Brokers: Claude Kolb & Jeff Geoghegan - KSR
- Asking Rent: $60/ft.
- Size: 3,140 SF
In this transaction, Josh Goldberg represents the landlord, while the tenant, Magic Tree Dispensary, entered into a lease agreement under the guidance of brokers Claude Kolb and Jeff Geoghegan from KSR. Their participation facilitated the completion of this lease deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$215,979.49
Total Lease Value
$2,159,794.86
Net Landlord Cash Flow$215,979.49
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