53 THE CIRCLE, EAST HAMPTON

Tenant: Grey/Ven - Luxury Downtown Retail | Main Street Visibility

Access OM

Executive Summary

Asking Price $3,959,000 - 6% Cap Rate


Rent Summary

Lease Year: 5/31/2024 - 5/31/2025

Annual Rent: $225,000 - Prepaid

Lease Year: 6/1/2025 - 5/31/2026

Annual Rent: $250,000 - Prepaid


Lease Summary

Tenant: Grey/Ven

Guarantor: Grey/Ven - All Rent is Prepaid**

Lease Type: Triple Net (NNN)

Roof & Structure: Landlord Responsible

Term Remaining on Lease: 2 Years

Renewal Options Remaining: None

**The tenant has prepaid the full rent amount for the full lease term. The new owner will receive the remaining prepaid rent for their ownership term, ensuring they benefit from the secured rental income.


Tenant Overview

Cushman & Wakefield

Sales Inquiries

JORDAN SUTTON

Director
516 695 6101

DAN ABBONDANDOLO

Executive Director
631 425 1232

VICTOR LITTLE

Associate
631 425 1239