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Profile By Sanford Leases Retail Space At 118 U.S. 9, Englishtown, NJ

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LEASED

New Jersey

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Retail2,380 SF
Leased 12/05/2019
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Property Image
LEASED

Profile By Sanford Leases Retail Space At 118 U.S. 9, Englishtown, NJ

118 U.S. 9, Englishtown, NJ, 07726

See Similar Deals
Retail2,380 SF
Leased 12/05/2019
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,380 SF
Transaction Type:Lease

Located in Marlboro Plaza in Englishtown, NJ, the 2,380-square-foot retail space secured by Basser Kaufman will serve as the new home for health and weight loss company Profile by Sanford. The Plaza, boasting a 303,503-square-foot shopping center, recently underwent renovations, including a new façade and updated parking, to enhance the overall shopping experience. Key tenants in the area include Hobby Lobby, T.J. Maxx, Kohl’s, and PetSmart.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Tenant: Profile by Sanford
  • Square Feet: 2380
  • Address: 118 U.S. 9, Englishtown, NJ, 07726
  • Market: Englishtown
  • Tenant's Rep: Marc Shein (NAI Capital)

During the lease negotiations for the retail space, Marc Shein from NAI Capital represented Profile by Sanford, ensuring a smooth 10-year agreement. Basser Kaufman, self-represented in the deal, successfully facilitated the lease for the health and weight loss company, underscoring their commitment to providing quality retail spaces for diverse businesses in the region.

Players

Marc Shein
8 deals$22.5M volume
BROKER

Details

LEASED
IMAGE: 12/05/2019 ADDRESS: 118 U.S. 9, Englishtown, NJ, 07726 MARKET: Englishtown ASSET TYPE: Retail TENANT'S REP: Marc Shein(NAI Capital) TENANT: Profile by Sanford SQUARE FEET: 2380

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Deal Type
Effective Rent (Annual)

$136,420.16

Total Lease Value

$1,364,201.64

Net Landlord Cash Flow$136,420.16