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Simone Development Leases Retail Space To My Salon Suite In New Rochelle

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LEASED

New York

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Retail7,345 SF
Leased 01/24/2022
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LEASED

Simone Development Leases Retail Space To My Salon Suite In New Rochelle

80 Nardozzi Pl, New Rochelle, NY, 108...

See Similar Deals
Retail7,345 SF
Leased 01/24/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7,345 SF
Transaction Type:Lease

Located at 80 Nardozzi Place in New Rochelle, NY, the property involved in the lease is a modern commercial space owned by Simone Development Companies. The asset boasts 44,000 square feet of retail space with unique design details, such as 25' clear ceiling heights and prominent signage along I-95. The recent lease agreement with My Salon Suite marks the occupancy of 7,345 square feet within this property.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Tenant: My Salon Suite
  • Landlord: Simone Development Companies
  • Square Feet: 7345
  • Tenant's Rep: Thomas R. Zuber(Fairfield Retail Partners)
  • Landlord's Rep: Katelin Van Voorhis(RM Friedland), David Scotto(RM Friedland)
  • Brokers: Katelin Van Voorhis(RM Friedland)

The lease negotiations for this property were handled by Katelin Vanvoorhis and David Scotto of RM Friedland LLC, representing the ownership. On the other side, My Salon Suite was skillfully represented by Thomas R. Zuber from Fairfield Retail Partners LLC. The deal showcases a strategic move by both the tenant and the landlord, with My Salon Suite expanding its presence in New Rochelle and Simone Development Companies continuing to attract diverse and dynamic businesses to their commercial spaces.

Players

4 deals$19M volume
BROKER



LANDLORD

Details

LEASED
IMAGE: 01/24/2022 ADDRESS: 80 Nardozzi Pl, New Rochelle, NY, 108... MARKET: New Rochelle ASSET TYPE: Retail TENANT'S REP: Thomas R. Zuber(Fairfield Retail Partners) LANDLORD'S REP: Katelin Van Voorhis(RM Friedland), David Scotto() BROKERS: Katelin Van Voorhis(RM Friedland) TENANT: My Salon Suite LANDLORD: Simone Development Companies SQUARE FEET: 7345

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Deal Type
Effective Rent (Annual)

$421,010.97

Total Lease Value

$4,210,109.68

Net Landlord Cash Flow$421,010.97