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Manhattan Bagel Leases 2,800 SF Retail Space At 39 Route 31 In Flemington
LEASED
New Jersey
See Similar DealsRetail2,800 SF
Leased 07/28/2023
LEASED
Manhattan Bagel Leases 2,800 SF Retail Space At 39 Route 31 In Flemington
39 Route 31 Flemington, New Jersey 08822, Usa
See Similar DealsRetail2,800 SF
Leased 07/28/2023
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,800 SF
Transaction Type:Lease
Manhattan Bagel has recently signed a lease for a 2,800-square-foot retail property located at 39 Route 31 in Flemington, according to property records. The space was previously a fast-food location with a drive-thru. The lease agreement was facilitated by brokers Marta Villa and Samuel Bernhaut from CBRE. Manhattan Bagel already operates two other locations in Union and Westfield.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 39 Route 31
- Market: Flemington
- Square Footage: 2,800
Marta Villa and Samuel Bernhaut from CBRE represented Manhattan Bagel in the lease deal for the retail property. Their expertise and negotiation skills were instrumental in finalizing the agreement. This new location in Flemington adds to Manhattan Bagel's growing presence, as they continue to expand their reach in New Jersey.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$160,494.31
Total Lease Value
$1,604,943.10
Net Landlord Cash Flow$160,494.31
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