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David Trone And Robert Trone Lease 32,000 SF To Total Wine & More In North Brunswick
LEASED
New Jersey
See Similar DealsRetail32,000 SF
Leased 10/01/2025
LEASED
David Trone And Robert Trone Lease 32,000 SF To Total Wine & More In North Brunswick
871 Brunswick Pike
See Similar DealsRetail32,000 SF
Leased 10/01/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:32,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 871 Route 1 in North Brunswick, New Jersey. The total square footage of the property is 32,000, which is part of a 124,000 SF center that is now fully leased. The market for this asset is North Brunswick.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 32,000
- Address: 871 Route 1
- Market: North Brunswick
- Tenant: David Trone & Robert Trone - Total Wine & More
- Brokers: Ed Vasconcellos III - LEVIN Management
Total Wine & More has signed a lease and will co-anchor the North Village Shopping Center with Trader Joe’s. The center, managed by Levin Management Corp., attracts over 2.5 million visits annually.
Players
BROKERAGE
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,834,220.69
Total Lease Value
$18,342,206.90
Net Landlord Cash Flow$1,834,220.69
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