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Ritual Fitness Leases 3206 Square Feet At Allendale Town Center With Broker Kevin Pelio
LEASED
New Jersey
See Similar DealsRetail3,206 SF
Leased 01/14/2025
LEASED
Ritual Fitness Leases 3206 Square Feet At Allendale Town Center With Broker Kevin Pelio
49 West Allendale Avenue
See Similar DealsRetail3,206 SF
Leased 01/14/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,206 SF
Transaction Type:Lease
The property asset involved in this lease transaction is a retail space located at 49 West Allendale Avenue in Allendale, Bergen County. The space measures 3,206 square feet and is part of the Allendale Town Center, which has a total area of 79,374 square feet. This shopping center is anchored by Acme supermarket.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Tenant: Ritual Fitness
- Broker: Kevin Pelio - Azarian Realty Group
Ritual Fitness has secured this location as its first establishment, which highlights the company's expansion efforts in the Bergen County area. Kevin Pelio of Azarian Realty Group played a crucial role in facilitating this lease deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$183,765.99
Total Lease Value
$1,837,659.85
Net Landlord Cash Flow$183,765.99
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