Store on the ground floor of the building.
Description
The total area of the property is 172 m².
Asset Type: Retail Condo.
Financial performance
The cost of the property is 2,500,000 $.
The absolute annual income is 87,662 $.
The current yield is 3.5%.
Tenants
The tenant is a large US telecommunications company. The annual turnover of the company is more than 34 billion dollars.
The lease agreement is valid until 2025 and provides the annual indexation of the rent by 3%.
Location and nearby infrastructure
The store is located in the Upper West Side, in one of the most favorable areas for living.
The area is dominated by elite residential development.
There are such attractions as River Park, Lincoln Center here.
The metro station is situated in a walking distance from the property.
