Pizza Hut Leases Retail Space At 940 Columbus Avenue On Upper West Side
LEASED
$124
New York
See Similar DealsRetail1,010 SF
Leased 10/05/2022
LEASED
Pizza Hut Leases Retail Space At 940 Columbus Avenue On Upper West Side
940 Columbus Avenue
See Similar DealsRetail1,010 SF
Leased 10/05/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$124
Total Square Footage:1,010 SF
Transaction Type:Lease
Pizza Hut has secured a lease for a retail space located at 940 Columbus Avenue in the Upper West Side market. The property spans 1,010 square feet and was leased from the landlord, Walter & Samuels. The asking rent for the space was $124 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 940 Columbus Avenue
- Market: Upper West Side
- Tenant: Pizza Hut
- Landlord: Walter & Samuels
- Asking Rent: $124/ft.
- Square Footage: 1,010
The lease deal was facilitated by Bruce Herman from Booth Capital and Hal Shapiro and Jeff Winick from Winick Realty. They represented the tenant, Pizza Hut, in securing the lease agreement with the landlord, Walter & Samuels.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$143,573.62
Total Lease Value
$1,435,736.24
Net Landlord Cash Flow$143,573.62
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