Fred Joonam Leases Retail Space At 9114 Flatlands Avenue To Flatlands Grab&go For $120/ft

The property involved in this transaction is located at 9114 Flatlands Avenue in Brooklyn. It is a retail asset with a total square footage of 400. The asking rent for this property was set at $120 per square foot. This transaction was executed under a Double Net Lease with a term of 5 years.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Square Footage: 400
• Address: 9114 Flatlands Avenue
• Market: Brooklyn
• Landlord: Fred Joonam
• Tenant: Flatlands grab&go
• Lease Term: 5 Years
• Lease Type: Double Net Lease
• Managers: Brian Ainehsazan, Elliot Setareh & Itai Khalili - Aineh Property Group

AINEH Property Group played a significant role in this transaction, securing a qualified tenant within just 4 days and finalizing the lease in 7 days. The team, comprised of Brian Ainehsazan, Elliot Setareh, and Itai Khalili, demonstrates the group's reputation as the fastest-growing commercial real estate and management venture in the Five Boroughs and Long Island.