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Vanessa Fernandez-Kelty Of LEVIN Management Leases Retail Space To The Liquor Cave In Bridgewater

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LEASED

New Jersey

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Retail7,400 SF
Leased
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LEASED

Vanessa Fernandez-Kelty Of LEVIN Management Leases Retail Space To The Liquor Cave In Bridgewater

395 US Route 202

See Similar Deals
Retail7,400 SF
Leased
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7400 SF
Transaction Type:Lease

The Liquor Cave has secured a 7,400-square-foot lease at Somerset Shopping Center in Bridgewater, situated at 395 US Route 202. This marks their fifth brick-and-mortar store in the state, adding to the diverse mix of retailers, restaurants, and service providers within the 219,000-square-foot property.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Provided
  • Address: 395 US Route 202
  • Market: Bridgewater
  • Tenant: The Liquor Cave
  • Broker: Vanessa Fernandez-Kelty - LEVIN Management

LMC Senior Leasing Representative Vanessa Kelty highlighted the center's excellent demographics and accessibility, emphasizing Liquor Cave's appeal to Somerset County shoppers and the ongoing demand for this retail category based on real-time traffic data.

Players

Vanessa Fernandez-Kelty
5 deals(908) 226-5269
BROKER

Details

LEASED
IMAGE: 05/03/2024 ADDRESS: 395 US Route 202 MARKET: Bridgewater ASSET TYPE: Retail ~ SF: 7,400 TENANT: The Liquor Cave BROKER: Vanessa Fernandez-Kelty - LEVIN Management NOTE: Liquor Cave, a wine and spirits retailer, has secured a 7,400-square-foot lease at Somerset Shopping Center in Bridgewater, marking its fifth brick-and-mortar store in the state. The location offers strong traffic and visibility at a key junction of routes 202/206 and 28, complementing the diverse mix of retailers, restaurants, and service providers within the 219,000-square-foot property. LMC Senior Leasing Representative Vanessa Kelty highlighted the center's excellent demographics and accessibility, emphasizing Liquor Cave's appeal to Somerset County shoppers and the ongoing demand for this retail category based on real-time traffic data.

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Deal Type
Effective Rent (Annual)

$424,163.53

Total Lease Value

$4,241,635.35

Net Landlord Cash Flow$424,163.53