The Food Emporium Leases 25258 Square Feet At 10 Schalks Crossing Rd Plainsboro From FCA
10 Schalks Crossing Rd, Plainsboro Ce...
Building Size
25,258 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 10 Schalks Crossing Rd, Plainsboro. It is a lease transaction with a total square footage of 25,258. The landlord for this property is FCA, and the tenant is The Food Emporium.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 10 Schalks Crossing Rd, Plainsboro
- Market: Plainsboro
- Landlord's Representative: Matthew Flath (Onyx Equities)
- Tenant: The Food Emporium
This transaction features Matthew Flath representing the landlord, FCA, while The Food Emporium is the tenant occupying the premises at the stated address in the Plainsboro market.
Players
Plainsboro 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