Updated Oct 29, 2024
DDR Corporation Leases 43459 Sq Ft Space At 310 Nj-36, West Long Branch
310 Nj-36, West Long Branch, NJ, 07764
Building Size
43,459 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property at 310 Nj-36, West Long Branch, NJ, 07764, with a square footage of 43459, was leased in West Long Branch. The landlord in this transaction was DDR Corporation.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Landlord's Representative: Tyler Terhune
The landlord's representative for the lease of the property was Tyler Terhune from DDR Corporation.
Traded’s record for 310 Nj-36, West Long Branch, NJ, 07764 in West Long Branch, New Jersey covers a commercial lease from 2024. The building is 43,459 square feet, implying about 0 per square foot on the published price. Named participants on the 310 Nj-36, West Long Branch, NJ, 07764 lease are Tyler Terhune. This page is the West Long Branch, New Jersey file for the 310 Nj-36, West Long Branch, NJ, 07764 commercial leased: pricing, party profiles, and other closed commercial comps from the same West Long Branch sit in the Market section below. Filter that West Long Branch commercial set by closing date to see what else leased near 310 Nj-36, West Long Branch, NJ, 07764 around 2024. Cite this DDR Corporation Leases 43459 Sq Ft Space At 310 Nj-36, West Long Branch lease when underwriting similar commercial product around West Long Branch, New Jersey.
Players
West Long Branch CRE Market Snapshot
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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