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
Perth Amboy 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