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1000 High St, Perth Amboy, ...

4PX Express USA Leases 354250 Square Feet At 1000 High St Perth Amboy With Duke Realty
LEASED

4PX Express USA Leases 354250 Square Feet At 1000 High St Perth Amboy With Duke Realty

1000 High St, Perth Amboy, NJ, 08861

Building Size

354,250 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 1000 High St, Perth Amboy, NJ, 08861. It encompasses a total area of 354,250 square feet and pertains to the market of Perth Amboy.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Square Feet: 354250
  • Address: 1000 High St, Perth Amboy, NJ, 08861
  • Market: Perth Amboy
  • Tenant: 4PX Express USA
  • Landlord: Duke Realty
  • Tenant's Representative: Julie Huang (ACJ International Realty)
  • Landlord's Representative: Larry Schiffenhaus (CBRE)

The deal features key representatives for both tenant and landlord, with Julie Huang of ACJ International Realty representing 4PX Express USA and Larry Schiffenhaus of CBRE representing Duke Realty.

Players

Larry Schiffenhaus

CBRE

Broker

$83M

vol

13 deals

Broker
Duke Realty
Duke RealtyBrokerage
Duke Realty
Duke RealtyLandlord

Perth Amboy CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

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