Red Pine Capital Leases Retail Space To 787 Coffee At 702 Bloomfield Avenue In Montclair
LEASED
$84
New Jersey
See Similar DealsRetail1,116 SF
Leased 11/01/2025
LEASED
Red Pine Capital Leases Retail Space To 787 Coffee At 702 Bloomfield Avenue In Montclair
702 Bloomfield Avenue
See Similar DealsRetail1,116 SF
Leased 11/01/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$84
Total Square Footage:1,116 SF
Transaction Type:Lease
The property involved in this transaction is a retail space located at 702 Bloomfield Avenue in Montclair. The asset measures 1,116 square feet and is subject to a single net lease, with an asking rent of $84 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $84/ft
- Address: 702 Bloomfield Avenue
- Market: Montclair
- Asset Size: 1,116 SF
- Lease Type: Single Net Lease
- Landlord: Red Pine Capital
- Tenant: 787 Coffee
- Brokers: Noam Aziz, Carson Shahrabani & Allen Villafranca - Meridian Capital Group
The deal was brokered by Noam Aziz, Carson Shahrabani, and Allen Villafranca, representing Meridian Capital Group. The transaction showcases the involvement of Red Pine Capital as the landlord and 787 Coffee as the tenant in this lease agreement.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$107,466.99
Total Lease Value
$1,074,669.90
Net Landlord Cash Flow$107,466.99
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