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Lidl Signs Lease For New Store At Urban Edge Properties' Totowa Commons Complex On Route 46 In Passaic County
LEASED
New Jersey
See Similar DealsRetail27,270 SF
Leased
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 DealsRetail27,270 SF
Leased
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,563,099.94
Total Lease Value
$15,630,999.44
Net Landlord Cash Flow$1,563,099.94
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