Th Plasma Signs 10-Year NNN Lease For Retail Space In East Orange
LEASED
New Jersey
See Similar DealsRetail8,000 SF
Leased 02/01/2022
LEASED
Th Plasma Signs 10-Year NNN Lease For Retail Space In East Orange
907 South Orange Avenue & 907 South Orange Avenue, East Orange, New Jersey 07018, United States
See Similar DealsRetail8,000 SF
Leased 02/01/2022
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,000 SF
Transaction Type:Lease
The retail property located at 907 South Orange Ave in East Orange has recently been leased. The lease transaction was finalized on 02/02/2022. The asset spans across 4,000 square feet and offers a NNN lease type for a duration of 10 years.
Summary of Transaction Details
- Property Type: Retail
- Asking Rent: $22.50/ft.
- Square Footage: 4,000
- Lease Type: NNN Lease
- Lease Terms: 10 Years
The landlord for this property is Nathan Hedaya. The tenant who has leased the space is Th Plasma. The deal was facilitated by Chris Conway from The Goldstein Group.
Players
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$458,555.17
Total Lease Value
$4,585,551.72
Net Landlord Cash Flow$458,555.17
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