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Maharaja Hypermarket To Open 3,500 SF Grocery Store At 389 Main Street In Hackensack

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LEASED

New Jersey

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Retail3,500 SF
Leased 09/17/2023
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LEASED

Maharaja Hypermarket To Open 3,500 SF Grocery Store At 389 Main Street In Hackensack

389 Main Street Hackensack, NJ 07606, USA

See Similar Deals
Retail3,500 SF
Leased 09/17/2023
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,500 SF
Transaction Type:Lease

The Crossroads 389 building in Hackensack, New Jersey, will soon be home to a new grocery store. Maharaja Hypermarket is set to open a 3,500-square-foot retail space on Main Street within the building. This addition will enhance the shopping options available on Main Street and contribute to the city's ongoing revitalization efforts.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 389 Main Street, Hackensack, New Jersey
  • Market: Hackensack
  • Asset Size: 3,500 SF

Maharaja Hypermarket, the tenant of the retail space, plans to open their grocery store in the fall. This new establishment will bring a diverse range of products and services to the Hackensack community. The lease agreement for this retail space was facilitated by Anthony Cassano of NAI James E. Hanson, whorepresented Maharaja Hypermarket in this transaction. The landlord, Sonehan Clinton Court Urban Renewal, LLC, has provided the space for Maharaja Hypermarket's venture.

Players

Anthony Cassano
4 deals$5.6M volume(201) 403-4087
BROKER

LANDLORD

Details

LEASED
IMAGE: Anthony Cassano DATE: 09/17/2023 ADDRESS: 389 Main Street MARKET: Hackensack ASSET TYPE: Retail ~ SF: 3,500 LANDLORD: Sonehan Clinton Court Urban Renewal, LLC TENANT: Maharaja Hypermarket BROKER: Anthony Cassano - NAI James E. Hanson (@nai_hanson) NOTE: Maharaja Hypermarket is set to open a 3,500-square-foot grocery store on Main Street in Hackensack, New Jersey, within the Crossroads 389 building. The store, scheduled to open in the fall, will enhance Main Street's shopping options as part of the city's revitalization efforts.

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Deal Type
Effective Rent (Annual)

$200,617.89

Total Lease Value

$2,006,178.88

Net Landlord Cash Flow$200,617.89