332 Haddon, LLC Acquires Office Building In Hayden For 4100 SF
332 Haddon Ave, Haddon Township, N...
Building Size
4,100 SF
Asset Type
Office
Closing
Feb 8, 2019
AI
332 Haddon Avenue is a free standing +/- 4,100 SF multi-tenanted office building. This recently updated building is conveniently located within the heart of the growing Westmont business district at 332 Haddon Ave, Haddon Township, New Jersey. The property was sold in a transaction that took place on 02/08/2019 in the Hayden market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 332 Haddon Ave, Haddon Township, New Jersey
- Market: Hayden
- Seller's Representative: Ryan J. Barikian (Wolf Commercial Real Estate)
- Buyer: 332 Haddon, LLC
- Square Footage: 4100 SF
Ryan Barikian, a senior associate of WCRE, exclusively represented the Seller, Haddon Building Group, LLC, in the marketing and sale of 332 Haddon Avenue to the Buyer, 332 Haddon, LLC. The transaction successfully concluded with the property changing ownership in Haddon Township, New Jersey.
Hayden Office Market Snapshot
Boundary boundary · Office · Sale 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