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Danielle & Timothy Sporcic Lease Aqua-Tots Swim Schools In North Bergen

Property Image
LEASED
Robert (Bobby) Antonicello Jr
Todd Cooper
+ 1

New Jersey

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Retail9,000 SF
Leased 03/19/2024
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Property Image
LEASED

Danielle & Timothy Sporcic Lease Aqua-Tots Swim Schools In North Bergen

3131 John F Kennedy Boulevard

See Similar Deals
Retail9,000 SF
Leased 03/19/2024
Robert (Bobby) Antonicello Jr
Todd Cooper
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9,000 SF
Transaction Type:Lease

The retail property located at 3131 John F Kennedy Boulevard in North Bergen spans 9,000 square feet. The landlord, Madison International Realty, has leased the space to Aqua-Tots Swim Schools, owned by Danielle and Timothy Sporcic. Aqua-Tots Swim Schools will offer year-round indoor swimming lessons for children aged four months to 12 years at Columbia Park Center. The anticipated opening of the facility is in fall 2024.

Summary of transaction details:

The deal was facilitated by RIPCO Real Estate and GRID Real Estate. Aqua-Tots Swim Schools aims to provide job opportunities and promote water safety through its swimming lessons for children. The owners, Danielle and Timothy Sporcic, are focused on offering a valuable service to the community at their new location in North Bergen.

Players

Todd Cooper
3 deals$7.4M volume
BROKER

Robert (Bobby) Antonicello Jr
Grid Real Estate
18 deals$247.4M volume
BROKER

Jake Frantzman
Ripco
3 deals
BROKER

Details

LEASED
IMAGE: Todd Cooper, Florian Suserman, Jake Frantzman & Bobby Antonicello Jr DATE: 03/19/2024 ADDRESS: 3131 John F Kennedy Boulevard MARKET: North Bergen ASSET TYPE: Retail ~ SF: 9,000 LANDLORD: Madison International Realty TENANT: Danielle & Timothy Sporcic - Aqua-Tots Swim Schools (@AquaTotsOfficial) LANDLORD'S REP: Todd Cooper, Florian Suserman & Jake Frantzman (@JakeFrantzman) - Ripco (@RipcoRealEstate) TENANT'S REP: Bobby Antonicello Jr - Grid Real Estate (@GridRealEstate) NOTE: Aqua-Tots Swim Schools is set to open a new location at Columbia Park Center in North Bergen, offering year-round indoor swimming lessons for children aged four months to 12 years. Led by owners Danielle and Timothy Sporcic, the facility aims to provide job opportunities and promote water safety, with an anticipated opening in fall 2024, facilitated by GRID Real Estate and RIPCO Real Estate.

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57