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Mr. Juice Signs Lease At Fully Occupied Walgreens Shopping Center In Fairfield

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LEASED
$25

New Jersey

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Retail1,500 SF
Leased 07/14/2023
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LEASED

Mr. Juice Signs Lease At Fully Occupied Walgreens Shopping Center In Fairfield

397 Us 46 Fairfield, Nj 07004, Usa

See Similar Deals
Retail1,500 SF
Leased 07/14/2023
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$25
Total Square Footage:1,500 SF
Transaction Type:Lease

The fully occupied Walgreens Shopping Center in Fairfield has welcomed a new tenant, Mr. Juice, a smoothie and juice bar. Mr. Juice signed a lease for a 1,500-square-foot space, bringing the center, located on Route 46 West, to 100% occupancy. The center is conveniently situated on US Highway 46, making it easily accessible to customers.

Summary of transaction details

  • Property Type: Retail
  • Address: 397 US Highway 46, Fairfield
  • Market: Fairfield
  • Tenant: Mr. Juice
  • Broker: Kevin Pelio - Azarian Realty
  • Asking Rent: $25/ft.
  • Square Footage: 1,500

Kevin Pelio from Azarian Realty represented Mr. Juice in the lease transaction. This expansion allows Mr. Juice to offer its popular menu of smoothies and juices to customers in the Fairfield area. With the addition of Mr. Juice, the Walgreens Shopping Center is now fully occupied, creating a thriving retail community.

Players

Kevin Pelio
9 deals
BROKER

Details

LEASED
IMAGE: Kevin Pelio DATE: 07/14/2023 ADDRESS: 397 US Highway 46 MARKET: Fairfield ASSET TYPE: Retail TENANT: Mr. Juice BROKER: Kevin Pelio - Azarian Realty ASKING RENT: $25/ft. ~ SF: 1,500 NOTE: Smoothie and juice bar, Mr. Juice, has signed a lease at the fully occupied Walgreens Shopping Center in Fairfield. The 1,500-square-foot space brings the center, located on Route 46 West, to 100% occupancy.

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Deal Type
Effective Rent (Annual)

$42,989.55

Total Lease Value

$429,895.47

Net Landlord Cash Flow$42,989.55