Nothing Bundt Cakes, which serves handcrafted cakes, has signed a long-term NNN lease for an inline space in the Aldrich Plaza community shopping center. The unit had previously been occupied by Howell Academy of Dance, a local dance studio, which moved to a larger space across the street. Other nationally known tenants in the center include Walgreens, Retro Fitness, SalonCentric, Bubbakoo’s Burritos and Hallmark. The bakery will open sometime this year.
Tenant: Nothing Bundt Cakes
Location: Howell Township, N.J.
Square Footage: 2,500 s.f.
Developer/Owner: Aldrich III LLC
Property Type: Community Shopping Center
Although Nothing Bundt Cakes generally prefers second-generation restaurant sites due to the complexities of transforming the space into a working bakery, this unit’s highly visible location on the heavily traveled Route 9 — the longest highway in New Jersey — was too advantageous for the brand to pass up. The space also has ideal demographics, such as a population of 164,542 and an average household income of $123,958 within a five-mile radius. The family friendly suburban town of Howell Township is perfectly situated in between New York City and Philadelphia and is a 20-minute drive to the coastal resort town of Belmar Beach.
Tenant Representation:
The Retail Strategy
3821 Juniper Trace, Suite 205
Bee Cave, TX 78738
Mark Stanislawski, Director of Brokerage
(512) 494-4500
mark@theretailstrategy.com
Property Representation:
Levin Management Corporation (LMC)
975 U.S. Highway 22
North Plainfield, NJ 07060
E.J. Moawad, Senior Leasing Representative
(908) 226-5266
emoawad@levinmgt.com
Kendal Hand-Freda, Leasing Representative
(908) 226-5262
kfreda@levinmgt.com
