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Tommy's Tavern & Tap Leases 9,160 SF Restaurant At Ledgewood Commons With Urban Edge Properties As Landlord
LEASED
New Jersey
See Similar DealsRetail9,160 SF
Leased
LEASED
Tommy's Tavern & Tap Leases 9,160 SF Restaurant At Ledgewood Commons With Urban Edge Properties As Landlord
Retail9,160 SF
Leased
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9160 SF
Transaction Type:Lease
A lease transaction for a retail space has been finalized, involving a 9,160 SF restaurant located at Route 46 & Route 10 in the Ledgewood market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: Route 46 & Route 10
- Market: Ledgewood
- Landlord: Jeffrey S. Olson & Ronnie Bertrand - Urban Edge Properties
- Tenant: Tommy’s Tavern & Tap
- Landlord's Representative: Mike Testa - Jeffery Realty
- Tenant's Representative: Tyler Bennett - Bennett Realty & Development
This deal marks Urban Edge’s first transaction since acquiring the center, highlighting the engagement of both tenant and landlord representatives to facilitate the lease agreement effectively.
Players
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$525,045.67
Total Lease Value
$5,250,456.72
Net Landlord Cash Flow$525,045.67
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