Orangetheory Fitness Leases Retail Space At 720 9th Ave In Hell's Kitchen
LEASED
New York
See Similar DealsRetail4,200 SF
Leased 06/01/2020
LEASED
Orangetheory Fitness Leases Retail Space At 720 9th Ave In Hell's Kitchen
720 9th Avenue, New York, NY 10019
See Similar DealsRetail4,200 SF
Leased 06/01/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:4,200 SF
Transaction Type:Lease
The retail property located at 720 9th Ave in Hell's Kitchen has been leased. The lease deal was finalized on 06/01/2021.
Summary of transaction details:
- Property Type: Retail
- Address: 720 9th Ave, Hell's Kitchen
- Market: Hell's Kitchen
The tenant for this property is Orangetheory Fitness, represented by Adam Krell. The landlord of the property is SL Green Realty and RXR Realty. The leasing deal was facilitated by Albert Halawani and Albert Manopla from Kassin Sabbagh Realty.
The asking rent for the leased space was $150 per square foot, with a total area of 4,200 square feet.
Players
LENDER
LANDLORD
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$240,741.47
Total Lease Value
$2,407,414.66
Net Landlord Cash Flow$240,741.47
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