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480 Us Route 46

Pink Pistachio Signs 3,400-Square-Foot Lease At Fairfield Marketplace Represented By Kyle Goworek
LEASEDRetail

Pink Pistachio Signs 3,400-Square-Foot Lease At Fairfield Marketplace Represented By Kyle Goworek

480 Us Route 46

Building Size

3,400 SF

Asset Type

Retail

Closing

Feb 16, 2026

AI

The property involved in the transaction is a retail asset located at 480 Us Route 46 in Fairfield, with a total area of 3,400 square feet. This lease pertains to a newly built retail center, Fairfield Marketplace, which encompasses 21,000 square feet in total. The location experiences significant traffic, with approximately 45,000 vehicles passing by daily.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Disclosed
  • Market: Fairfield
  • Tenant: Pink Pistachio
  • Landlord's Representative: Curtis Nassau & Matt Grundy - Ripco
  • Tenant's Representative: Kyle Goworek - Jeffery Realty

This lease marks Pink Pistachio's expansion into northern New Jersey, following its previous establishments in central New Jersey, with a planned opening set for late 2026. The deal was facilitated by RIPCO Real Estate’s Curtis Nassau and Matt Grundy representing the landlord, while Kyle Goworek of Jeffery Realty took on the role of representing the tenant.

Players

Matt Grundy

Ripco

Broker

$4.9M

vol

5 deals

Broker

Fairfield Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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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