Aroma Bakery & Coffee lease in Old City
Restaurant lease | 160 North 3rd Street, Philadelphia | Old City
TRANSACTION
Restaurant Lease
REPRESENTATION
Landlord
SPACE
1,000 SF
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The assignment
The assignment involved finding a bakery-and-coffee tenancy for the 1,000-square-foot retail space at 160 North 3rd Street. The premises are located in Philadelphia’s Old City neighborhood, with Billy representing the property landlord.
Billy's role
Billy Creagh of National Realty Commercial represented the landlord in the lease agreement. His role covered the owner’s interests in the transaction with the bakery-and-coffee operator taking the Old City space.
The outcome
The 1,000-square-foot property was leased to Aroma Bakery & Coffee, with a reported PSF of $36/sf. The completed Philadelphia food-service lease reflects Billy’s landlord representation experience in café and bakery transactions within Old City.
Supporting coverage
Deal at a glance
LOCATION
160 North 3rd Street, Philadelphia, PA 19106
PROPERTY TYPE
Restaurant / retail
PSF
$36/sf
BROKER
Billy Creagh
Planning your next restaurant move?
Contact Billy Creagh of National Realty Commercial to discuss selling, buying or leasing restaurant property in Philadelphia.