Aldi Leases 20000 Square Feet At 1919 Nj-35 Wall Township From RT 35 Wall Promenade LLC
LEASED
New Jersey
See Similar DealsRetail20,000 SF
LEASED
Aldi Leases 20000 Square Feet At 1919 Nj-35 Wall Township From RT 35 Wall Promenade LLC
1919 Nj-35, Wall Township, NJ, 07719
See Similar DealsRetail20,000 SF
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 1919 Nj-35, Wall Township, NJ, 07719. It encompasses a total area of 20,000 square feet and is situated in the Belmar market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1919 Nj-35, Wall Township, NJ, 07719
- Market: Belmar
- Square Feet: 20,000
- Tenant: Aldi
- Landlord: RT 35 Wall Promenade LLC
- Tenant's Representative: Brian Wherty - Equity Retail Brokers
This lease transaction features Aldi as the tenant, with RT 35 Wall Promenade LLC acting as the landlord. The tenant was represented by Brian Wherty from Equity Retail Brokers, indicating the professional involvement in facilitating the leasing agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,146,387.93
Total Lease Value
$11,463,879.31
Net Landlord Cash Flow$1,146,387.93
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