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Versi Vino Leases 2600 SF Commercial Space In Maple Shade Plaza

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LEASED

New Jersey

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Commercial2,600 SF
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LEASED

Versi Vino Leases 2600 SF Commercial Space In Maple Shade Plaza

461 Nj-38, Maple Shade Township, NJ...

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Commercial2,600 SF
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Summary

NEW JERSEY
Asset Type:Commercial
Price Per Square Foot:$0
Total Square Footage:2,600 SF
Transaction Type:Lease

The property involved in the transaction is a commercial asset located at 461 Nj-38, Maple Shade Township, NJ. The location provides a total square footage of 2,600 within a shopping plaza, situating it near the Cherry Hill and Moorestown malls. The asset is now leased to Versi Vino, a wine lounge specializing in unique wines and upscale cuisine, following its lease agreement in the Maple Shade market.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not specified
  • Address: 461 Nj-38, Maple Shade Township, NJ
  • Landlord: Piyush Amin of VP 38 Realty LLC
  • Tenant: Versi Vino
  • Landlord's Rep: Monica Walsh - Vantage RES
  • Tenant's Rep: Not specified

Monica Walsh and Peter Abdallah, directors of client services at Vantage Real Estate Services, facilitated the leasing process by working collaboratively with both the landlord and tenant. Their professionalism was recognized by the owners of Versi Vino, who expressed gratitude for their personalized service and support throughout the lease negotiation and planning processes. Additionally, the shopping center where the asset is located has now been fully leased following the completion of this transaction.

Players

Monica Walsh
5 deals
BROKER

Details

LEASED
IMAGE: 461 Nj-38, Maple Shade Township, NJ... MARKET: Maple Shade ASSET TYPE: Commercial LANDLORD'S REP: Monica Walsh -Vantage RES TENANT: Versi Vino LANDLORD: Piyush Amin of VP 38 Realty LLC SQUARE FEET: 2600

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Deal Type
Effective Rent (Annual)

$149,030.43

Total Lease Value

$1,490,304.31

Net Landlord Cash Flow$149,030.43