This is a subleasing as the owner wants to expand his business. The current lease has two years left on the first term with another 5 year option to renew. The space is running a very successful fashion business. It has 2180 sq ft on the main floor and 790 sq ft on the mezzanine. The basic rent for the main floor is $30/sf/year. The rent for the upper level is $21/sf/year. The new tenant takes the existing lease which is very reasonable and attractive. After a two-year term, the new tenant can negotiate for a new lease. Or the tenant can negotiate with the landlord to start a brand new lease when taking over the space. This shopping mall is very busy and has tremendous traffic for business. Listing Brokerage: CIR REALTY
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