Maman Bakery NNN Retail Condo - 110 Washington Street, Hoboken, NJ

Prime Washington Street Location – Irreplaceable retail position along Hoboken’s primary shopping and dining corridor.
New 10-Year Lease – Maman is committed through approximately June 2036 with no termination option.
3% Annual Rent Increases – Contractual annual increases provide consistent NOI growth and a strong inflation hedge.
Growing Maman Brand – Established in 2014, Maman has expanded to 50+ locations across North America.
Exceptional Walkability – 99 Walk Score (“Walker’s Paradise”) in one of New Jersey’s most pedestrian-oriented downtowns.
Dense, Affluent Urban Market – Hoboken attracts young professionals and families seeking immediate proximity and connectivity to Manhattan.
Premier NYC Commuter Location – Convenient access to the Hoboken PATH Station, ferries and regional transit, providing direct connectivity to Manhattan.
High-Visibility Retail Frontage – Located directly on Washington Street, benefiting from approximately 10,500 vehicles per day.
Strong Long-Term Income Growth – Projected NOI increases from $159,741 to $212,552 during the initial lease term, increasing the yield on cost from 5.50% to 7.32%.