Family Dollar Expands Retail Lease To 10,000 SF In Plainfield Including Remodeling
LEASED
New Jersey
See Similar DealsRetail10,000 SF
LEASED
Family Dollar Expands Retail Lease To 10,000 SF In Plainfield Including Remodeling
227 E Front St, Plainfield, NJ, 07060
See Similar DealsRetail10,000 SF
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:10,000 SF
Transaction Type:Lease
The retail property at 227 E Front St, Plainfield, NJ, 07060, involving a total of 10,000 square feet, has been leased by Family Dollar. The retailer expanded from its initial 6,000 square feet to include an additional 4,000 square feet in the adjacent former furniture store. Family Dollar also has plans to renovate its original space in Plainfield, a southwestern suburb of New York City.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenant's Rep: Pete Nicholson - R.J. Brunelli & Co.
- Landlord: Undisclosed
Danielle Brunelli and Pete Nicholson, both from R.J. Brunelli & Co., served as the tenant representatives for Family Dollar in the lease negotiations at the Plainfield property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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