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Fast Bagel Leases 2,093 SF Retail Space At Plaza K In Woodbridge With Broker Kevin Pelio - Azarian Realty Co

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LEASED

New Jersey

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Retail2,093 SF
Leased 11/09/2023
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LEASED

Fast Bagel Leases 2,093 SF Retail Space At Plaza K In Woodbridge With Broker Kevin Pelio - Azarian Realty Co

181 US Route 1

See Similar Deals
Retail2,093 SF
Leased 11/09/2023
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,093 SF
Transaction Type:Lease

Fast Bagel has leased 2,093 sq. ft. of retail space at 181 US Route 1 in Metuchen. The property is located within Plaza K, which is a 30,000 sq. ft. shopping center in Woodbridge. The lease transaction was finalized on 11/09/2023.

Summary of transaction details

  • Property Type: Retail
  • Square Footage: 2,093
  • Address: 181 US Route 1, Metuchen
  • Market: Woodbridge

The tenant, Fast Bagel, was represented by Spencer Peller during the lease negotiations. The landlord was represented by Kevin Pelio of Azarian Realty Co. Kevin Pelio acted as the broker for both the tenant and landlord in this transaction.

Players

Kevin Pelio
9 deals
BROKER

Details

LEASED
IMAGE: Spencer Peller & Kevin Pelio DATE: 11/09/2023 ADDRESS: 181 US Route 1 MARKET: Metuchen ASSET TYPE: Retail ~ SF: 2,093 TENANT: Fast Bagel (@FastBagel) - Spencer Peller (@SpencerPeller) BROKER: Kevin Pelio - Azarian Realty Co. NOTE: Fast Bagel has leased 2,093 sq. ft. at Plaza K in Woodbridge, a 30,000 sq. ft. shopping center. Kevin Pelio of Azarian Realty Co. represented both the tenant and landlord in the negotiations.

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Deal Type
Effective Rent (Annual)

$119,969.50

Total Lease Value

$1,199,694.97

Net Landlord Cash Flow$119,969.50