Are you a property owner, landlord, or commercial broker looking to secure a premium, reliable tenant for your Manhattan retail asset? The Kaden Team has issued an active Tenant Representation Mandate on behalf of Le Parisien—an established, highly successful French boulangerie, café, and wine bar that is actively expanding its footprint in New York City.
Following the proven success of their flagship location near Times Square, this experienced operator is sourcing prime ground-floor opportunities to bring their high-end, all-day concept to a new neighborhood. This is an expansion for a seasoned operator, offering landlords the financial stability of a proven business model that generates consistent revenue across every daypart—from morning bakery and coffee service to evening wine, charcuterie, and patisseries.
Our Exact Space Requirements:
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Size & Layout: 1,500 to 2,000 square feet of ground-floor retail space.
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Target Location: Prime Manhattan corridors anywhere below 86th Street.
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The Ultimate Non-Negotiable: The property must be located in an area with consistently high pedestrian foot traffic.
Financials & Lease Structure:
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Monthly Budget: Up to $40,000 per month (~$480,000 annually).
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Implied Rent: Approximately $240 to $320 per square foot, depending on the exact footprint.
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Lease Term: Long-term lease preferred, with open flexibility toward the landlord’s preferred structure.
Why Le Parisien is the Ideal Tenant for Your Property:
Unlike traditional restaurant tenants that require expensive, invasive, and time-consuming infrastructure overhauls, Le Parisien behaves like a traditional retail tenant. They utilize an innovative, all-electric bake-off model that operates completely vent-free and gas-free.
Because their operations require no Type I hoods, no gas service, and no rooftop grease exhaust risers, they are highly compatible with mixed-use buildings, strict co-op boards, and condo associations. This infrastructure-light model dramatically reduces Tenant Improvement (TI) exposure for property owners, allows for a significantly faster build-out, and makes them eligible to move into standard vanilla boxes or former non-food retail spaces.
If you have a commercial property for sale or lease that meets these criteria, review the full mandate specifications below and submit your property details today to connect directly with the tenant representation team.
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