Sam Maddali Acquires Retail Property In New Jersey For $11M With Brokers Justin Michael Natalizio & Eric Michael Anton
989 Us Route 1
Retail
4,243 SF
4,243 SF
Sold 1 year ago
Summary
The retail property located at 989 Us Route 1 in New Jersey has been sold in a recent transaction. The property spans 4,243 square feet and was sold for a total of $11,000,000, resulting in a price per square foot of $2,593. The sale took place on April 28, 2023.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $11,000,000
- Square Feet: 4,243
- Price per Square Foot: $2,593
- Address: 989 Us Route 1, New Jersey
- Market: New Jersey
The buyer of the property is Sam Maddali, while the seller is The Choi Family Office. The brokers involved in the transaction are Justin Michael Natalizio and Eric Michael Anton from Marcus & Millichap. Justin Michael Natalizio can be contacted at [email protected] or 917-685-6988. The buyer is actively seeking a 1031X with a 6% yield and is interested in acquiring additional QuickChek NNN properties.
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989 Us Route 1
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