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Big Blue Swim School Leases 9,746 SF At Shoppes At North Brunswick
LEASED
$20
New Jersey
See Similar DealsRetail9,746 SF
Leased 05/11/2023
LEASED
Big Blue Swim School Leases 9,746 SF At Shoppes At North Brunswick
650 Shoppes Blvd North Brunswick Township, Nj 08902, Usa
See Similar DealsRetail9,746 SF
Leased 05/11/2023
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$20
Total Square Footage:9,746 SF
Transaction Type:Lease
Big Blue Swim School has leased 9,746 square feet at the Shoppes at North Brunswick, located at 650 Shoppes Blvd. This lease transaction adds to the shopping center's diverse mix of specialty stores, fitness facilities, and restaurants and brings the center's occupancy to 94%.
Summary of transaction details
- Property Type: Retail
- Address: 650 Shoppes Blvd
Big Blue Swim School has chosen the Shoppes at North Brunswick as the location for their third facility in New Jersey. Azarian Realty Co facilitated the lease deal, representing the landlord and securing the tenant for the retail space. The addition of Big Blue Swim School further enhances the offerings of the shopping center, catering to the community's demand for recreational and educational facilities.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$223,453.94
Total Lease Value
$2,234,539.36
Net Landlord Cash Flow$223,453.94
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