The Container Store Opens 15,000-Square-Foot Location At Garden Commercial's Square At West Windsor
3516 Brunswick Pike
Building Size
15,000 SF
Asset Type
Retail
Closing
Nov 27, 2023
AI
The Container Store has leased a 15,000-square-foot retail space at 3516 Brunswick Pike in Princeton, New Jersey. The property is located within the Square at West Windsor, a premier retail destination owned by Garden Commercial. The center is anchored by Lowe's and Trader Joe's and features a mix of best-in-class tenants.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Address: 3516 Brunswick Pike
- Market: Princeton
- Square Footage: 15,000 SF
Garden Commercial, represented by Jonathan Frieder, is the landlord of the property. The Container Store, represented by Satish Malhotra, is the tenant. This lease marks the opening of The Container Store's 100th national location, further strengthening the retail offerings at the Square at West Windsor.
Players
Princeton Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93