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DXL Big & Tall Signs Lease At Somerville Circle Shopping Center In Raritan For 6170 Square Feet
LEASED
New Jersey
See Similar DealsRetail6,170 SF
Leased
LEASED
DXL Big & Tall Signs Lease At Somerville Circle Shopping Center In Raritan For 6170 Square Feet
300 US Route 202
See Similar DealsRetail6,170 SF
Leased
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:6170 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 300 US Route 202 in Raritan, NJ, with a total square footage of 6,170. The property is situated within the Somerville Circle Shopping Center, which has reached full occupancy following this lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Disclosed
- Address: 300 US Route 202
- Market: Raritan
- Tenant: DXL Big + Tall
- Landlord's Representative: Vanessa Fernandez-Kelty - LEVIN Management
- Tenant's Representative: Alison Horbach - Ripco
This lease agreement was facilitated by Vanessa Fernandez-Kelty representing the landlord and Alison Horbach representing the tenant. DXL Big + Tall has secured a lease of 6,170 square feet within the center, contributing to the overall complete occupancy of the shopping complex.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$353,660.68
Total Lease Value
$3,536,606.77
Net Landlord Cash Flow$353,660.68
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