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Target Signs Lease For 75500 Square Foot Retail Space At Flemington Marketplace With Vanessa Fernandez-Kelty And Jeffrey Howard
LEASED
New Jersey
See Similar DealsRetail75,500 SF
Leased
LEASED
Target Signs Lease For 75500 Square Foot Retail Space At Flemington Marketplace With Vanessa Fernandez-Kelty And Jeffrey Howard
325 US Route 202
See Similar DealsRetail75,500 SF
Leased
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:75500 SF
Transaction Type:Lease
The transaction involves a retail property located at 325 US Route 202 in Flemington, New Jersey. This asset encompasses a total of 75,500 square feet and is situated within the Flemington Marketplace.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 325 US Route 202
- Market: Flemington
- Tenant: Target
- Landlord's Representative: Vanessa Fernandez-Kelty - LEVIN Management
- Tenant's Representative: Jeffrey Howard - Ripco Real Estate
Target has signed a lease for the new store, which is set to open in the fall of next year. Levin Management Corp. and Ripco Real Estate facilitated this transaction, representing the landlord and Target, respectively.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,327,614.44
Total Lease Value
$43,276,144.40
Net Landlord Cash Flow$4,327,614.44
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