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2 Crossroads Dr, Bedminster...

Zelis Healthcare Leases Space From Eden Wood Realty Corp Represented By Larry Martin Of JLL
LEASED

Zelis Healthcare Leases Space From Eden Wood Realty Corp Represented By Larry Martin Of JLL

2 Crossroads Dr, Bedminster Townshi...

Building Size

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 2 Crossroads Dr, Bedminster Township. The asset is associated with a lease agreement. The square footage for this transaction is recorded as 0, indicating the specifics of tenant space usage. The landlord for this property is identified as Eden Wood Realty Corp.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 2 Crossroads Dr, Bedminster Township
  • Tenant: Zelis Healthcare
  • Landlord: Eden Wood Realty Corp.
  • Tenant's Representative: Larry Martin (JLL)
  • Square Feet: 0

Key individuals involved in this transaction include Larry Martin representing Zelis Healthcare through JLL. The landlord, Eden Wood Realty Corp., is responsible for the property at the specified address.

Players

Larry Martin

JLL

Broker

2 deals

Broker

Market CRE Market Snapshot

Boundary boundary · CRE · Lease 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