Pickleball Leases 15000 SF Retail Space At 90 Bartley Road With Landlord's Rep RIPCO
90 Bartley Long Valley Road
Building Size
15,000 SF
Asset Type
Retail
Closing
Feb 2, 2026
AI
The property asset involved in the context is a retail space located at 90 Bartley Road in Flanders, encompassing a total square footage of 15,000 SF within a 73,000-SF ShopRite-anchored center.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 90 Bartley Road
- Market: Flanders
- Tenant: Pickleball
- Landlord's Representative: Curtis Nassau & Matt Grundy - Ripco
- Tenant's Representative: Helene Elbaum - Newmark Associates
In this transaction, Pickleball has leased the retail space, with Curtis Nassau and Matt Grundy from Ripco representing the landlord and Helene Elbaum from Newmark Associates representing the tenant. Note that Pickleball continues to emerge as a traffic-driving retail tenant.
Players
Flanders Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93