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Dave's Hot Chicken To Open Second New Jersey Location In Kearny Commons
LEASED
New Jersey
See Similar DealsRetail2,316 SF
Leased 11/28/2023
LEASED
Dave's Hot Chicken To Open Second New Jersey Location In Kearny Commons
Retail2,316 SF
Leased 11/28/2023
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,316 SF
Transaction Type:Lease
Dave's Hot Chicken will open its second New Jersey location in Kearny Commons at 175 Passaic Ave, occupying 2,316 square feet. The fast-growing chain is known for its hot chicken sliders and tenders. The fully leased property spans 123,345 square feet and is set to welcome Dave's Hot Chicken in the second quarter of 2024. Dave's Hot Chicken will join other national retailers at the location.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Kearny
- Address: 175 Passaic Avenue
- Asset Type: Retail
- Square Footage: 2,316
Urban Edge Properties, represented by Justin Lustig, is the landlord of 175 Passaic Avenue. Dave's Hot Chicken, represented by Bill Phelps, is the tenant. Jay Miller from CBRE served as the landlord's representative for the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$132,751.72
Total Lease Value
$1,327,517.22
Net Landlord Cash Flow$132,751.72
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