Jersey Discount Wireless LLC Leases Retail Space At 813 Summit Ave Union City For $24/SF
LEASED
$24
New Jersey
See Similar DealsRetail2,000 SF
Leased 10/01/2024
LEASED
Jersey Discount Wireless LLC Leases Retail Space At 813 Summit Ave Union City For $24/SF
813 Summit Ave
See Similar DealsRetail2,000 SF
Leased 10/01/2024
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$24
Total Square Footage:2,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 813 Summit Ave in Union City. The lease agreement has been set at a rate of $24.0 per square foot, encompassing a total area of 2,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $48,000
- Lease Date: 10/01/2024
- Tenant: Jersey Discount Wireless LLC
- Landlord: Chunwu Wang
- Brokers: Chris Vitiello - Grid Real Estate
This transaction involves key individuals, including the landlord Chunwu Wang and the tenant Jersey Discount Wireless LLC. The deal was facilitated by broker Chris Vitiello, representing Grid Real Estate, who played a crucial role in the leasing process.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$55,026.62
Total Lease Value
$550,266.21
Net Landlord Cash Flow$55,026.62
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