Shawn Bullard Leases Retail Space To Darleny M Almonte At 1944 Cecil B Moore Avenue
LEASED
$16
Pennsylvania
See Similar DealsRetail1,500 SF
Leased
LEASED
Shawn Bullard Leases Retail Space To Darleny M Almonte At 1944 Cecil B Moore Avenue
1944 Cecil B Moore Avenue
See Similar DealsRetail1,500 SF
Leased
Summary
PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$16
Total Square Footage:1500 SF
Transaction Type:Lease
The retail asset located at 1944 Cecil B Moore Avenue in Philadelphia features a lease agreement with an asking rent of $16 per square foot for a total area of 1,500 square feet. The lease term is set for 5 years under a NNN Lease structure.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $24,000
- Address: 1944 Cecil B Moore Avenue
- Market: Philadelphia
- Landlord: Shawn Bullard - Studio 44 Building
- Tenant: Darleny M Almonte
- Broker: Billy Creagh - National Realty Commercial
- Lease Term: 5 years
- Lease Type: NNN Lease
- Asking Rent: $16/ft
- Square Footage: 1,500
The key individuals involved in this transaction include landlord Shawn Bullard representing Studio 44 Building and tenant Darleny M Almonte. The deal was brokered by Billy Creagh from National Realty Commercial, facilitating the agreement between the landlord and tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$27,513.31
Total Lease Value
$275,133.10
Net Landlord Cash Flow$27,513.31
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