Crab Du Jour Signs 10-Year Lease For Retail Space In Avenel, NJ

Located at 1076-1080 St George’s Avenue in Avenel, NJ, this retail property has recently been involved in a lease transaction. The asset, spanning 2,600 square feet, was leased to Crab Du Jour. The lease, signed on July 13, 2021, is for a duration of 10 years and follows the NNN (triple net) structure. The asking rent for this property was $46.15 per square foot.

Summary of transaction details

• Property Type: Retail
• Tenant: Crab Du Jour
• Address: 1076-1080 St George’s Avenue, Avenel, NJ
• Market: Avenel, NJ
• Lease Date: July 13, 2021
• Lease Duration: 10 years
• Lease Structure: NNN (triple net)
• Asking Rent: $46.15 per square foot

Chris Conway and David Choi of New Bergenline LLC represented the landlords, while Christopher Conway served as the broker for this lease transaction.