Daily Provisions Leases 3,134 SF Retail Space At 124 Bay Street In Jersey City, NJ
LEASED
$150
New Jersey
See Similar DealsRetail3,134 SF
Leased 07/10/2023
LEASED
Daily Provisions Leases 3,134 SF Retail Space At 124 Bay Street In Jersey City, NJ
124 Bay St Jersey City, NJ 07302, USA
See Similar DealsRetail3,134 SF
Leased 07/10/2023
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:3,134 SF
Transaction Type:Lease
The retail property located at 124 Bay Street in Jersey City, NJ has recently been leased. The property spans 3,134 square feet and the lease term is set for 10 years. The asking rent for this retail space is $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 124 Bay Street, Jersey City, NJ
- Market: Jersey City, NJ
- Asking Rent: $150 per square foot
- Lease Term: 10 years
The landlord of this property is Kushner & KABR Group, and the tenant that has secured the lease is Daily Provisions. Representing the landlord in this deal are Andrew Stern & Andrew Connolly from Newmark, while Ripco acts as the tenant's representative.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$538,916.97
Total Lease Value
$5,389,169.66
Net Landlord Cash Flow$538,916.97
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