Closed Deal

We are pleased to announce the leasing and recent opening of  Sonic Suds at 1600 Route 37, Toms River, New Jersey.

Congratulations to our client Paul DeStefano on the opening of another beautiful state of the art laundromat. Joel Dicker from Bennett Realty & Development represented the tenant and was the sole broker in the transaction. This marks the 5th deal we have done  with Paul.

We are seeking additional locations in Central and North Jersey.

For more information please contact
Joel Dicker
908-610-8488
joel@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Steve Garthwaite of Bennett Realty & Development is now representing the sale/lease of a former bank located in Williamsport, PA. Below are some quick facts on the listing…

BUILDING INFORMATION:
List Price: $2,300,000.00
Lease Rate: Undisclosed
Building Size: 6,200 Total Leasable Area
Parcel: 1.24
Square Footage: 6,200sf
Zoning: COM P
TWP: Muhlenberg
County: Berks
Real Estate Taxes: $15,520
Property Insurance: TBD
Common Area Maintenance: TBD
Year Built: 1992

FACTS:
» Located directly next to a Top Performing Aldi, (Top 10% in U.S.) *placer.AI
» Desirable Trade Area | 54K+ residents within 5-miles and $69K in Average Household Income
» Expanding Economy | Consumer Spending expected to Increase by 9% in the Next 5 Years
» College Town | Pennsylvania College of Technology (4.5K+ Students) & Lycoming College (1K+ Students) within 3-miles
» Top Employers – Susquehanna Health, Pennsylvania College of Technology, Aramark

Please reach out to Steve for more details.
Steve Garthwaite: 215.390.4549 | steve@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Joel Dicker of Bennett Realty & Development is now representing the lease of a former Price Chopper located in Taylor, PA. Below are some quick facts on the listing…

FACTS:
• YEAR BUILT: 2000
• BUILDING SQUARE FOOTAGE: 68,894
• LOT SIZE: 7.82 ACRES
• PARKING STALLS: 330
• CLEAR CEILING HEIGHT: 21.6 FT

Please reach out to Joel for more details.
Joel Dicker: 908.610.8488 | joel@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Bill Lenaz of Bennett Realty & Development is now representing the lease of a former Red Lobster located in Lawrenceville, NJ. Below are some quick facts on the listing…

FACTS:
PROPERTY ADDRESS: 3255 US Route 1 South, Lawrenceville, NJ
BUILDING SIZE: 7,768/sf
LOT SIZE: 2.25 Acres
PROPERTY TAXES: $65.297.00
PARKING: 135 Parking Spaces.
SALES PRICE: TBD
ZONING: HC-1 Most all highway commercial uses are permitted.
LIQUOR LICENSE: Available Asking $700,000.00
RENT: CALL FOR QUOTE

Please reach out to Bill for more details.
Bill Lenaz: 732.837.4862 | bill@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Tyler Bennett and Nick Binder of Bennett Realty & Development just closed on a Starbucks located in South Hill, VA. The buyer, a family office based out of New York City, has been a long-term client of the firm. They are in the process of restructuring their holdings and sought BR&D to help with the transition. We were able to assist in their 1031 and place them into this strongly located, long term, new construction Starbucks. Below are some quick facts on the deal..

FACTS:
-New Construction
-13.5 Years Remaining on Lease
-Investment Grade Credit Tenant
-Adjacent to a Walmart Supercenter
-Corner Lot Location

Please reach out to Nick or Tyler for more details.
Nick Binder: 609-458-3741 | nick@bennettrealtyllc.com
Tyler Bennett: 732-837-4153 | tyler@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Joel Dicker & Bill Lenaz of Bennett Realty & Development are now representing the lease of Nonno’s Italian Restaurant located in Lackawanna County, PA. Below are some quick facts on the listing…

FACTS:
BUILDING SIZE: Approximately 5,6000/sf with a 75 seat out door patio
LOT SIZE: 1.5 Acres
PROPERTY TAXES: $29,803.00 (2024)
PARKING: 80 Dedicated Parking + Cross Easement Parking With Adjoining Hotels
RENT: Call For Rent Quote
SEEKING: Liquor Based Restaurants
COMMENTS: Very active family Itailian liquor based restaurant. Prime location situated among three (3) hotels (Towne Place Suites, Fairfield Inn & Suites, Spring Hill Suites). Absolutely beautiful building with a 75 seat patio area over looking PNC Field home of the AAA Yankees, minutes from Interstate Highway 81 with an AADT of 80,000 and across the street from the areas larest upscale Shopping Center, The Shoppes at Montage Mountain.

Please reach out to Joel or Bill for more details.
Joel Dicker: 732.444.2449 | joel@bennettrealtyllc.com
Bill Lenaz: 732.837.4862 | bill@bennettrealtyllc.com

About BR&D
Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Steve Garthwaite of Bennett Realty & Development just closed on a Former Bob Evans located in New Cumberland, PA on behalf of a repeat client. Below are some quick facts on the deal…

FACTS
• Repeat client, hired exclusively to sell.
• Multiple offers and back up buyers.
• Purchaser closed all cash within 40 days of opening escrow.
• Bennett retained exclusively to lease the property post closing.
• Buyers seeking similar inventory. Send vacant pad sites and/or short lease term assets.

Please reach out to Steve for more details. 

Steve Garthwaite, Vice President: 609.770.6778 | steve@bennettrealtyllc.com

About BR&D
Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Nick Binder of Bennett Realty & Development just closed on a Dollar General Market located in Mantua, Ohio on behalf of a repeat client.on a Dollar General Market located in Mantua, Ohio, on behalf of a repeat client. Below are some quick facts on the deal…

FACTS
• Brand New Construction
• 15 Year Absolute NNN Lease
• Relocation of a former In-Line location to a Strip Center down the street
• Larger Format “Market” Store
• Oversized 3 Acre Lot

Please reach out to Nick for more details. This client is seeking similar inventory.

NICK BINDER, ASSOCIATE: 609.770.6778 | NICK@BENNETTREALTYLLC.COM

About BR&D
Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Howard Levy ,Managing Director, and Ben Halpern, Associate,  of Bennett Realty and Development  close on a 7-Eleven in Blythewood, South Carolina .

Price :                        $7,670,000
Cap rate:                     5.65%
Term:                            15 Years Absolute NNN
Rent Increases:       7.5% Every 5 years including options

Howard Levy and Ben Halpern of Bennett Realty and Development are pleased to announce the closing of 7- Eleven in Blythewood, South Carolina.  7-Eleven is located right off of heavily traveled Interstate 77  and is in the MSA of Columbia. The property is 15 miles from the State Capitol and the University of South Carolina. Our purchaser was attracted to the location, the Eds and Meds of Columbia, city, county and state government employment along with the manufacturing economy of  the Columbia MSA. Like a good number of real estate transactions, some significant challenges needed to be addressed in the due diligence process ; however, our team of over 40 years experience in real estate was able to overcome these arduous issues and get this deal to closing.

Our client is looking to purchase credit quality convenience stores in the Southeast and Southwest with the parameters outlined above.

Please reach out to Howard or Ben for additional details.

Howard M. Levy | Managing Director
p: 732.837.3659 | c: 215.510.0465 | howard@bennettrealtyllc.com

Benjamin Halpern | Associate
p: 732.837.4999 | c: 215.764.7168 | ben@bennettrealtyllc.com

About BR&D
Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.

Bennett Realty & Development Congratulates Bill Howard on the closing of a Fully leased high end multi – tenant strip center. Below are a few key facts.

• Prominent tenants like Chipotle, ATT, Charles Schwab & Smile Bright.
• Tax Free State – Major Florida MSA.
• Cash Acquisition.
• Well established Client.

“The Best Investment on Earth is Earth ” Louis Glickman

Legal services provided by
Law Firm of Seth Stein P.C.
Seth Stein
120 Broadway, 28th Floor
New York, NY 10271
Office: (212) 532-5503
sstein@ssteinlawfirm.com

About BR&D
Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.