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498 Milltown Road

LEASEDRetail

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:

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

Fred Younkin

LEVIN Management

Broker

4 deals

Broker
Neil Gill

Neil Gill

Dogtopia

Tenant

1 deal

Tenant

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