Bareburger Leases Mixed-Use Space At 143 Newark Ave In Jersey City, NJ With Landlord's Rep Colby Piper & Lisa Rica - RIPCO Real Estate LLC
LEASED
New Jersey
See Similar DealsMixed-use8,900 SF
Leased
LEASED
Bareburger Leases Mixed-Use Space At 143 Newark Ave In Jersey City, NJ With Landlord's Rep Colby Piper & Lisa Rica - RIPCO Real Estate LLC
143 Newark Avenue, Jersey City, NJ 07302, USA
See Similar DealsMixed-use8,900 SF
Leased
Summary
NEW JERSEY
Asset Type:Mixed-use
Total Square Footage:8900 SF
Transaction Type:Lease
143 Newark Ave, a mixed-use property located in Jersey City, NJ, was recently leased. The tenant, Bareburger, signed a lease agreement for the space. The lease was brokered by Colby Piper and Lisa Rica of RIPCO Real Estate LLC. The asking rent for the 8,900 square feet space was $70 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Date: 09/28/2021
- Address: 143 Newark Ave, Jersey City, NJ
- Tenant: Bareburger
- Landlord's Representative: Colby Piper & Lisa Rica - RIPCO Real Estate LLC
- Asking Rent: $70 per square foot
- Space: 8,900 square feet
Colby Piper and Lisa Rica from RIPCO Real Estate LLC played a crucial role as the landlord's representatives in facilitating the lease transaction between Bareburger and the property owner.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$510,142.63
Total Lease Value
$5,101,426.29
Net Landlord Cash Flow$510,142.63
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