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10 Schalks Crossing Rd, Pla...

The Food Emporium Leases 25258 Square Feet At 10 Schalks Crossing Rd Plainsboro From FCA
LEASED

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

Matthew Flath

Onyx Equities

Broker

2 deals

Broker
FCA
FCALandlord

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