Joseph Sheena Leases Retail Space To Medical Center At 79-09 Northern Boulevard For 10 Years

The property asset involved in this transaction is a retail space located at 79-09 Northern Boulevard in East Elmhurst. The lease for this space spans 2,500 square feet with an asking rent of $55 per square foot, under a single net lease for a term of 10 years.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $137,500
• Landlord: Joseph Sheena
• Tenant: Medical Center
• Brokers: Solomon Betesh & Gabriel Betesh - Momentum Realty Group
• Lease Term: 10 Years
• Lease Type: Single Net Lease

This transaction was facilitated by brokers Solomon Betesh and Gabriel Betesh, who represent the landlord and tenant in the agreement. The deal demonstrates the involvement of experienced brokers from Momentum Realty Group in the leasing process.