Edward Jones Leases 1,900 SF In Evesham Township Corporate Park From Veritas Real Estate
751 Nj-73, Evesham Township, NJ, 080...
Building Size
1,900 SF
Asset Type
Commercial
Closing
Nov 22, 2023
AI
A financial planning firm has leased nearly 2,000 square feet at The Atriums at Greentree in Evesham Township, NJ. The property, located at 751 Route 73 North, offers quick access to Route 70, the New Jersey Turnpike, and Interstate 295.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not specified
- Tenant: Edward Jones
- Landlord: Veritas Real Estate
- Square Feet: 1900
- Landlord's Rep: Monica Walsh (Vantage RES)
Monica Walsh of Vantage RES played a key role in representing both parties in the lease transaction. She worked closely with Edward Jones Financial Adviser Kelli Brack throughout the deal. Edward Jones, headquartered in St. Louis, has chosen a new office location in Marlton alongside notable co-tenants such as Cooper University Health System, Trinity Rehab, Sylvan Learning Center, and Xcat IT Solutions.
Players
Market Commercial Market Snapshot
Boundary boundary · Commercial · 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