Heights Orthodontics & Jersey City Oral Surgery Leases Office Space At 121 Newark Avenue In Jersey City
LEASED
$33
New Jersey
See Similar DealsOffice7,300 SF
Leased 03/01/2023
LEASED
Heights Orthodontics & Jersey City Oral Surgery Leases Office Space At 121 Newark Avenue In Jersey City
121 Newark Avenue
See Similar DealsOffice7,300 SF
Leased 03/01/2023
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$33
Total Square Footage:7,300 SF
Transaction Type:Lease
Height Orthodontics & Jersey City Oral Surgery has leased 7,300 square feet of office space at 121 Newark Avenue in Jersey City. The lease, facilitated by Gregory D. Edgell of Grid Real Estate, has a term of 10 years with options to extend.
Summary of transaction details:
- Property Type: Office
- Address: 121 Newark Avenue, Jersey City
- Market: Jersey City
- Landlord: Newark Grove Associates - Mohammed Chound
- Tenant: Heights Orthodontics & Jersey City Oral Surgery
- Broker: Gregory D. Edgell - Grid Real Estate
- Asking Rent: $33 per square foot
- Square Footage: 7,300
- Lease Term: 10 Years + Options
Giving Heights Orthodontics & Jersey City Oral Surgery access to 7,300 square feet of office space, this lease transaction was facilitated by Gregory D. Edgell of Grid Real Estate.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$276,164.85
Total Lease Value
$2,761,648.53
Net Landlord Cash Flow$276,164.85
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