Jersey Mike's Subs Leases Mixed-Use Property In Whippany Village For Expansion
LEASED
New Jersey
See Similar DealsMixed-use1,379 SF
Leased 10/07/2021
LEASED
Jersey Mike's Subs Leases Mixed-Use Property In Whippany Village For Expansion
456 New Jersey 10, Whippany, NJ, USA
See Similar DealsMixed-use1,379 SF
Leased 10/07/2021
Summary
NEW JERSEY
Asset Type:Mixed-use
Total Square Footage:1,379 SF
Transaction Type:Lease
A mixed-use property located at 456 Route 10 in Whippany has been leased. The property offers a total square footage of 1,379 and is owned by Whippany Village Partners LLC. The tenant for this lease agreement is Jersey Mike's Subs. The deal was facilitated by brokers Jarrad Coletta from Coletta Commercial Realty and Sean Pyle from Sabre Real Estate Group.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: Not available
- Address: 456 Route 10, Whippany
- Market: Whippany
- Square Footage: 1,379
Jersey Mike's Subs, a popular sandwich chain, has secured a lease for the mixed-use property located at 456 Route 10 in Whippany. The lease agreement was facilitated by brokers Jarrad Coletta from Coletta Commercial Realty and Sean Pyle from Sabre Real Estate Group. Both brokers played a crucial role in representing their respective clients and finalizing the lease deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$79,043.45
Total Lease Value
$790,434.48
Net Landlord Cash Flow$79,043.45
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