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1 Legacy Pl

Bonesse’s Tomato Apizza H20 Henna Hues Organic Kumon Sign Leases At Legacy Place In East Brunswick
LEASEDRetail

Bonesse’s Tomato Apizza H20 Henna Hues Organic Kumon Sign Leases At Legacy Place In East Brunswick

1 Legacy Pl

Building Size

6,070 SF

Asset Type

Retail

Closing

Mar 3, 2025

AI

The retail asset involved in this transaction is located at 1 Legacy Place, East Brunswick, encompassing a total of 6,070 square feet. The property is currently occupied by three new tenants: Bonesse’s Tomato Apizza, H20 Henna Hues Organic, and Kumon, with one retail space still available and additional retail anticipated at the under-construction Two Legacy Place.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1 Legacy Place
  • Market: East Brunswick
  • Square Footage: 6,070
  • Tenants: Bonesse’s Tomato Apizza, H20 Henna Hues Organic, Kumon
  • Broker: Michael Gartenberg - Garden Commercial

Michael Gartenberg of Garden Commercial arranged the lease transactions for the new tenants at Legacy Place, facilitating the occupancy of the retail spaces. The representation in the deal highlights the role of Garden Commercial in ensuring successful tenant placements within the property.

Players

Michael Gartenberg

Garden Commercial

Broker

$37M

vol

2 deals

Broker

East Brunswick Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93