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Furniture To Go Signs Long-Term Lease With Sunkris Realty For Retail Space In Linden

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LEASED

New Jersey

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Retail15,000 SF
Leased 11/12/2024
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LEASED

Furniture To Go Signs Long-Term Lease With Sunkris Realty For Retail Space In Linden

1771 East Edgar Road

See Similar Deals
Retail15,000 SF
Leased 11/12/2024
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:15,000 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 1771 East Edgar Road in Linden, with a total square footage of 15,000. The landlord for this property is Sunkris Realty, LLC, which is actively expanding its portfolio through this lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Lease Term: long-term
  • Landlord: Sunkris Realty, LLC
  • Tenant: Furniture to Go
  • Brokers: Alana Friedman & David Townes - JLL

Furniture to Go has secured a long-term lease, marking its second store location in the market. JLL represented both Furniture to Go and Sunkris Realty in this transaction, which also includes the acquisition of an adjacent property by the landlord.

Players

David Townes
15 deals$7.1M volume(973) 829-4800
BROKER

Alana Friedman
JLL
12 deals$7.1M volume(201) 741-0990
BROKER

Lee & Associates
BROKERAGE

Details

LEASED
IMAGE: Alana Friedman & David Townes DATE: 11/12/2024 ADDRESS: 1771 East Edgar Road MARKET: Linden ASSET TYPE: Retail ~ SF: 15,000 LANDLORD: Sunkris Realty, LCC TENANT: Furniture to Go BROKERS: Alana Friedman (@Lanigram) & David Townes (@Brokermap)) - JLL (@JLL) LEASE TERM: long-term NOTE: Furniture to Go signed a long-term lease for 15,000 square feet of retail space at 1771 West Edgar Rd. in Linden, marking its second store location. JLL represented both the retailer and building owner Sunkris Realty, which is expanding its portfolio with this deal and the acquisition of an adjacent property.

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Deal Type
Effective Rent (Annual)

$859,790.95

Total Lease Value

$8,597,909.48

Net Landlord Cash Flow$859,790.95