< View All Transactions

Commercial Building Currently Used as Event Center Available for Sublease

960 W Cypress St., Kennett Square, PA, 19348

Medium_960_w_cypress_bldg
Clubhouse/Event Center
Thumb_960_w_cypress_bldg Thumb_960_w_cypress_mls Thumb_960_w_cypress_driving_range_2 Thumb_driving_range_1
Leased!
Commercial Building Currently Used as Event Center Available for Sublease
Parties: Penny Sarro
Other Parties:
Comments:

Penny Sarro negotiated what started out to be a 5 year lease into a 7 year lease with renewal options. In the negotiations, there was an agreement to 2.5 months rent abatement, and rent increases 09/01/2020 to $3K/month, with another escalation commencing 09/01/2024.

Date: Jun 01, 2019
Transaction Amount: $259,473

Presented by:
Thumb_pic

Request additional information
Icon_28077b28d2
Office: (610) 444-7770 ext 134
Cell: (484) 880-0154


Send a message