facebook
Traded Co logo
Submit
Daily limit: 0/10

Norman's Hallmark Relocates To Seaview Square Shopping Center In Ocean Township

Property Image
LEASED

New Jersey

See Similar Deals
Retail
Leased 04/08/2024
the dealdetailscomps
Property Image
LEASED

Norman's Hallmark Relocates To Seaview Square Shopping Center In Ocean Township

Route 66

See Similar Deals
Retail
Leased 04/08/2024

Summary

NEW JERSEY
Asset Type:Retail
Transaction Type:Lease

The retail property located at 1000 Route 66 in Ocean Township has been leased to Norman’s Hallmark, now operating as a “super store” spanning 6,400 square feet. Positioned within the Seaview Square shopping center, the new location offers an extensive selection of cards and gifts, boasting convenience, visibility, and a modern shopping environment. The placement next to Starbucks and Applebee’s enhances accessibility and quality for customers.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Tenant: Howard Henschel - Norman’s Hallmark
  • Market: Ocean Township
  • Address: 1000 Route 66

Howard Henschel, the CEO of Norman’s Hallmark, has overseen the relocation of the store from Middlebrook Plaza to the Seaview Square shopping center. The strategic move to a larger "super store" next to well-known establishments like Starbucks and Applebee’s signifies a focus on providing a broader range of products and services to customers in a more prominent and accessible location.

Details

LEASED
IMAGE: 04/08/2024 ADDRESS: 1000 Route 66 MARKET: Ocean Township ASSET TYPE: Retail TENANT: Howard Henschel - Norman’s Hallmark NOTE: Norman’s Hallmark has relocated to the Seaview Square shopping center on Route 66 in Ocean Township from nearby Middlebrook Plaza, now occupying a 6,400-square-foot "super store" with an extensive selection of cards and gifts. Positioned next to Starbucks and Applebee’s, the new location offers convenience, visibility, and a modern shopping environment, with CEO Howard Henschel emphasizing the center's quality and accessibility.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97