Take N Toke Cannabis Leases 2000 SF Retail Space At 994 Atlantic Avenue Brooklyn

The property asset involved in this transaction is a retail space located at 994 Atlantic Avenue in Brooklyn. The lease is for a total square footage of 2,000, with an asking rent of $75 per foot. This arrangement falls under a single net lease agreement with a duration of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $75/ft
• Square Feet: 2,000
• Address: 994 Atlantic Avenue
• Market: Brooklyn
• Lease Term: 10 Years
• Lease Type: Single Net Lease
• Landlord: Ronen Shiponi
• Tenant: Take N Toke Cannabis
• Brokers: Solomon Betesh & Gabriel Betesh - Momentum Realty Group

The key individuals involved in this transaction include Ronen Shiponi, who serves as the landlord, and the tenant represented by Take N Toke Cannabis. The transaction was brokered by Solomon Betesh and Gabriel Betesh from Momentum Realty Group, emphasizing their roles in facilitating this lease agreement.