Dennis J. Sigovich Leases Mixed-Use Space To Heyday Vintage In Philadelphia For $35/ft
LEASED
$35
Pennsylvania
See Similar DealsMixed-use1,279 SF
Leased 05/14/2025
LEASED
Dennis J. Sigovich Leases Mixed-Use Space To Heyday Vintage In Philadelphia For $35/ft
157 159 North Third Street
See Similar DealsMixed-use1,279 SF
Leased 05/14/2025
Summary
PENNSYLVANIA
Asset Type:Mixed-use
Price Per Square Foot:$35
Total Square Footage:1,279 SF
Transaction Type:Lease
The leased property is located at 157-159 North Third Street in Philadelphia, featuring a mixed-use asset type. The asking rent for this space is set at $35 per square foot, and it encompasses a total area of 1,279 square feet. The lease established is characterized as a NNN Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $35/ft
- Square Footage: 1,279 SF
- Address: 157-159 North Third Street
- Market: Philadelphia
- Landlord: Dennis J. Sigovich
- Tenant: Heyday Vintage
- Broker: Billy Creagh – National Realty Commercial
In this transaction, Dennis J. Sigovich serves as the landlord, while Heyday Vintage takes on the role of the tenant. The broker facilitating the deal is Billy Creagh, representing National Realty Commercial.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$51,611.30
Total Lease Value
$516,113.02
Net Landlord Cash Flow$51,611.30
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