670 Broadway was a 2 unit retail building. 60% of the property was occupied by Certified Dermatology, who did a sale lease back for another 5 year term. The deal offered a 6.2% cap rate to the investor with annual increases.
Singe Tenant NNN lease back property. Certified Dermatology owned & operated the business prior to selling and doing a new lease.
Retail & Office corner mixed use. TIP re-leased each floor of this building for our owner and successfully sold the property for a more aggressive cap rate.
Contact us now about available commercial properties or to learn more about TIP Commercial, your reliable real estate agency.
