Dumont, N.J. (June 17, 2021) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 1,225 square feet of retail space at 125 Washington Avenue in Dumont, N.J. NAI James E. Hanson’s Team Lizzack-Horning led by Darren Lizzack, MSRE, and Randy Horning, MSRE, along with NAI Hanson’s David M. Ukleja represented both the tenant, Precast To Go, and the landlord, DMP Dumont, LLC, in the NAI James E. Hanson exclusive transaction.
Renovated in 2018, 125 Washington Avenue is an ideally located indoor/outdoor mall comprised of 22,155 square feet of space well-suited for office, professional, medical and retail uses. Situated at the intersection of Washington Avenue and East Madison Avenue in Dumont, N.J., the property boasts a high visibility location with 192’ of frontage on Washington Avenue. Home to a diverse roster of tenants, the property also features 50 surface-level parking spaces and a beautiful glass atrium that invites ample natural light into the building’s common areas. Relocating from South Hackensack, N.J., Precast To Go plans to utilize its new space at 125 Washington Avenue as a fireplace showroom.
“Despite the long-term economic impacts of COVID-19 that are still rippling through the retail sector, well-located, high-visibility retail spaces continue to attract businesses of all sizes,” said Ukleja. “Additionally, well-maintained and unique properties like 125 Washington Avenue stand out for a wide range of tenants ranging from office to medical to retail users who are all looking to return to work and a sense of normalcy as the pandemic continues to wane.”
Currently, there are two suites available for lease at 125 Washington Avenue standing at 1,700 square feet and 1,721 square feet. For more information on leasing opportunities, contact Darren Lizzack at 201 488 5800 x104 or dlizzack@naihanson.com, Randy Horning at 201 488 5800 x123 or rhorning@naihanson.com or David M. Ukleja at 201 488 5800 x161 or dukleja@naihanson.com.
Founded in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office and investment property transactions. Leveraging a holistic and analytical approach to working with clients, Team Lizzack-Horning’s expertise and experience is augmented by a trusted network of real estate service providers that help clients of any size navigate an increasingly complex healthcare real estate transaction process. Together, the team has successfully closed more than 100 deals over the past five years. The team’s expertise in healthcare transactions has also earned it a spot on GlobeSt. Real Estate Forum’s Influencers in Healthcare list for the last two consecutive years.
