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Planet Fitness Leases 15500 Square Feet At Middlesex Corner Represented By Raymond Villafana
LEASED
New Jersey
See Similar DealsRetail15,500 SF
Leased 12/04/2024
LEASED
Planet Fitness Leases 15500 Square Feet At Middlesex Corner Represented By Raymond Villafana
125 Bound Brook Road
See Similar DealsRetail15,500 SF
Leased 12/04/2024
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:15,500 SF
Transaction Type:Lease
The property involved in this transaction is located at 125 Bound Brook Road in Middlesex. It is a retail asset with a total square footage of 15,500. The space was previously utilized by ACME supermarket before being leased to Planet Fitness.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 125 Bound Brook Road
- Market: Middlesex
- Asset Size: 15,500 SF
- Tenant: Colleen Keating - Planet Fitness
- Landlord's Representative: Ed Vasconcellos III - LEVIN Management
- Tenant's Representative: Raymond Villafana - Franchise Realty
The lease agreement was negotiated, with Ed Vasconcellos III representing the landlord’s interests and Raymond Villafana representing Planet Fitness in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$888,450.65
Total Lease Value
$8,884,506.47
Net Landlord Cash Flow$888,450.65
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