Shinjuku Station Revolving Sushi Bar Leases 5,000 Square Feet In Clifton New Jersey
850 State Route 3
Building Size
5,000 SF
Asset Type
Retail
Closing
Jun 5, 2026
AI
The retail asset located at 850 State Route 3, Clifton, NJ encompasses a total area of 5,000 square feet. This property is situated within The Promenade Shops at Clifton, which spans 145,000 square feet and is owned by Clifton Lifestyle Center LLC.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 850 State Route 3
- Market: Clifton, NJ
- Landlord: Clifton Lifestyle Center LLC
- Tenant: Shinjuku Station Revolving Sushi Bar
- Landlord's Representative: Curtis Nassau & Patrick Brake - Ripco
- Tenant's Representative: Jiang Yifan - Re/Max Real Estate Professionals
Shinjuku Station Revolving Sushi Bar is set to implement a tech-driven revolving sushi concept featuring robot-assisted service. This leasing deal underscores the momentum in leasing activity at one of northern New Jersey’s busiest retail corridors.
Players
Market 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