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101 Crawfords Corner Rd, Ho...

Somerset Development Leases 50600 Square Feet At 101 Crawfords Corner Rd Holmdel With Kyle Mahoney As Landlord's Representative
LEASED

Somerset Development Leases 50600 Square Feet At 101 Crawfords Corner Rd Holmdel With Kyle Mahoney As Landlord's Representative

101 Crawfords Corner Rd, Holmdel, NJ...

Building Size

50,600 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this lease transaction is located at 101 Crawfords Corner Rd, Holmdel, NJ, encompassing a total of 50,600 square feet. The market for this property is identified as Holmdel, with Somerset Development serving as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 101 Crawfords Corner Rd, Holmdel, NJ
  • Market: Holmdel
  • Landlord: Somerset Development
  • Landlord's Representative: Kyle Mahoney, The Garibaldi Group
  • Square Feet: 50,600

This lease transaction features Kyle Mahoney as the representative of the landlord, Somerset Development. The involvement of The Garibaldi Group ensures that there is a professional oversight in assisting Somerset Development in this leasing process.

Players

Kyle Mahoney

Broker

1 deal

Broker
SD
Somerset DevelopmentLandlord

Holmdel 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