Dogtopia Leases 5,081-SF Retail Space At Brunswick Shopping Center In North Brunswick, NJ
498 Milltown Road
Building Size
5,081 SF
Asset Type
Retail
Closing
Aug 5, 2026
AI
The property involved in this transaction is a retail space located at 498 Milltown Road in North Brunswick, NJ, encompassing a total area of 5,081 square feet. It is part of the Brunswick Shopping Center, which has seen active growth with over 40,000 square feet of new leasing in the last three years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 5,081
- Address: 498 Milltown Road
- Market: North Brunswick, NJ
- Tenant: Neil Gill - Dogtopia
- Landlord's Representative: Fred Younkin - LEVIN Management
- Tenant's Representatives: Jonathan Spoerl & Grace Daniels - Metro Commercial Real Estate
Dogtopia has committed to a lease agreement for its services, which include dog daycare, boarding, and spa offerings, adding to the diverse tenant lineup at Brunswick Shopping Center. The center itself spans 288,000 square feet, enhancing the retail, dining, and service options available to the community.
Players
Milltown Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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