Property Type:
Commercial Sale
Square Footage:
1,941
Status:
Active
Current Price:
$3,395,000
List Date:
10/12/2026
Last Modified:
10/12/2026
Overview
Description
Trophy King Street retail condominium leased to Tapestry, Inc. (NYSE: TPR) and operating as a Kate Spade flagship. The ±1,941 SF ground-floor unit has ±22 ft of full-glass storefront in the heart of the Fashion District. Net lease through January 2034 with two 5-year renewal options and fixed annual increases. Fully renovated in 2023. Fee-simple ownership in a two-unit horizontal property regime; the regime is being finalized and recorded and will be complete prior to closing. Passive, investment-grade income, well suited to 1031 exchange buyers. The confidential Lease & Financial Package is available to qualified buyers. Do not disturb the tenant; showings by appointment only through the listing agent.
Last Updated: October - 12 - 2026
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