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1140 Nj-34

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LEASED

New Jersey

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Retail3,200 SF
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LEASED

1140 Nj-34

1140 Nj-34, Strathmore, NJ, 07747

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Retail3,200 SF
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,200 SF
Transaction Type:Lease

The property involved is located at 1140 NJ-34 in Strathmore, NJ, within the Matawan market. It encompasses a total area of 3,200 square feet and is a freestanding building that previously functioned as Kicky's Restaurant. The landlord for this transaction is SG National LLC.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 1140 NJ-34, Strathmore, NJ, 07747
  • Market: Matawan
  • Landlord's Representative: Jerry Rockoff - RKF
  • Tenant: AFC Urgent Care
  • Landlord: SG National LLC
  • Square Feet: 3,200

Neil Goldstein, a principal at The Goldstein Group, represented the tenant, AFC Urgent Care, during this transaction. The urgent care franchise is among a growing sector in the retail commercial industry, expanding its footprint with additional locations across the nation. Chuck Lanyard, president of The Goldstein Group, noted the ongoing trend of urgent care operations acquiring retail spaces as they establish a stronger presence within local communities.

Players

JR
1 deal(201) 842-7700
BROKER

TENANT

Details

LEASED
IMAGE: 1140 Nj-34, Strathmore, NJ, 07747 MARKET: Matawan LANDLORD'S REP: Jerry Rockoff -RKF TENANT: AFC Urgent Care LANDLORD: SG National LLC SQUARE FEET: 3200

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Deal Type
Effective Rent (Annual)

$183,422.07

Total Lease Value

$1,834,220.69

Net Landlord Cash Flow$183,422.07