Westfield's Alex Solomon Leases Retail Space To Potbelly Sandwich Shop At 2 Dey Street
LEASED
$120
New York
See Similar DealsRetail1,678 SF
Leased 07/18/2024
LEASED
Westfield's Alex Solomon Leases Retail Space To Potbelly Sandwich Shop At 2 Dey Street
2 Dey Street
See Similar DealsRetail1,678 SF
Leased 07/18/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:1,678 SF
Transaction Type:Lease
The transaction involves a retail lease at 2 Dey Street in Manhattan. The property has a total square footage of 1,678, with an asking rent of $120 per square foot. The lease is categorized as a ground lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Westfield - Alex Solomon
- Tenant: Potbelly Sandwich Shop
- Broker: Richard Bailey - RJB Real Estate
- Lease Type: Ground Lease
- Date: 07/18/2024
Richard Bailey of RJB Real Estaterepresents the landlord in this transaction. He has expressed excitement about the signing of the lease with Potbelly Sandwich Shop, indicating the tenant's growth and search for more space in the market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$230,836.67
Total Lease Value
$2,308,366.74
Net Landlord Cash Flow$230,836.67
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