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QR Financial Leases 8,600 SF Retail Building In Marlton's Evesham Section With Kloss Organization
LEASED
New Jersey
See Similar DealsRetail8,600 SF
Leased 01/12/2024
LEASED
QR Financial Leases 8,600 SF Retail Building In Marlton's Evesham Section With Kloss Organization
850 Marlton Pike
See Similar DealsRetail8,600 SF
Leased 01/12/2024
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,600 SF
Transaction Type:Lease
Rooted of Evesham, operated by QR Financial LLC, has leased an 8,600 sq ft freestanding retail building located at 850 Route 70 West in Marlton's Evesham section. The property is set to open in April and is owned by Kloss Organization LLC.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not provided
- Square Footage: 8,600
- Address: 850 Route 70 West
- Market: Marlton
The lease deal was facilitated by Brett Davidoff of Rose Commercial Real Estate. Rose Commercial Real Estate represented Rooted of Evesham in their time-sensitive property search and negotiation with Kloss Organization LLC.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$492,946.81
Total Lease Value
$4,929,468.10
Net Landlord Cash Flow$492,946.81
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