Taco Bell/VB Prefered QSR Clinton LLC Leases Retail Space At 62 1/2 Center Street In Clinton, NJ

Located at 62 1/2 Center Street in Clinton, NJ, this retail property recently underwent a lease transaction. The property spans approximately 21,780 square feet on half an acre of land. The lease was signed on 03/09/2021 with an asking rent of $90,000 for a ground lease. The tenant, Taco Bell/VB Prefered QSR Clinton LLC, will be leasing the space from the landlord, Ambre Holdings at Clinton LLC. The lease agreement includes a 10-year term with three additional 5-year options.

Summary of transaction details:

• Property Type: Retail
• Transaction Date: 03/09/2021
• Address: 62 1/2 Center Street, Clinton, NJ
• Market: Clinton, NJ
• Tenant: Taco Bell/VB Prefered QSR Clinton LLC
• Landlord: Ambre Holdings at Clinton LLC
• Brokers: Chris Conway & Mark Handwerker
• Asking Rent: $90,000 (Ground lease)
• Acres: 0.5
• Square Footage: 21,780

The lease transaction was facilitated by Chris Conway and Mark Handwerker, acting as brokers. They played a crucial role in connecting the tenant and landlord, ensuring the success of the deal.