facebook
Traded Co logo
Submit
Daily limit: 0/10

Lidl Signs Lease For New Store At Urban Edge Properties' Totowa Commons Complex On Route 46 In Passaic County

Property Image
LEASED

New Jersey

See Similar Deals
Retail27,270 SF
Leased
the dealplayerscompscontact
Property Image
LEASED

Lidl Signs Lease For New Store At Urban Edge Properties' Totowa Commons Complex On Route 46 In Passaic County

545 US Route 46

See Similar Deals
Retail27,270 SF
Leased
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:27270 SF
Transaction Type:Lease

The Totowa Commons complex on Route 46 in Passaic County will soon be home to a new Lidl store. The popular value grocer will join major retailers like The Home Depot and Staples in this prime location. With convenient access to multiple highways, the new store is expected to enhance traffic to the center and serve residents of Totowa, Little Falls, Woodland Park, Fairfield, and West Caldwell.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not mentioned in context
  • Square Footage: 27,270 SF
  • Address: 545 US Route 46, Totowa
  • Market: Totowa
  • Landlord: Urban Edge Properties
  • Tenant: Joel Rampoldt - Lidl
  • Landlord's Rep: Leigh Lyons - Urban Edge Properties
  • Tenant's Rep: Mike Testa & William Farkas - Jeffery Realty Inc

No additional information about the transaction was provided in the context.

Players

William (Bill) Farkas
8 deals$42.9M volume(973) 223-6600
BROKER


Leigh Lyons
Urban Edge Properties
2 deals
BROKER

Details

LEASED
IMAGE: Joel Rampoldt, Leigh Lyons, Mike Testa & William Farkas DATE: 02/06/2024 ADDRESS: 545 US Route 46 MARKET: Totowa ASSET TYPE: Retail ~ SF: 27,270 LANDLORD: Urban Edge Properties TENANT: Joel Rampoldt - Lidl (@Lidlde) LANDLORD'S REP: Leigh Lyons - Urban Edge Properties TENANT'S REP: Mike Testa & William Farkas - Jeffery Realty Inc (@Jeffery Realty) NOTE: Lidl, a popular value grocer, will open a new store at Urban Edge Properties’ Totowa Commons complex on Route 46 in Passaic County, joining major retailers like The Home Depot and Staples. The prime location near multiple highways ensures convenient access for residents of Totowa, Little Falls, Woodland Park, Fairfield, and West Caldwell, enhancing traffic to the center.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$1,563,099.94

Total Lease Value

$15,630,999.44

Net Landlord Cash Flow$1,563,099.94