Sitex Group Leases 84237 Square Feet At 4 Bell Dr Ridgefield With Landlord's Rep Jules Nissim
4 Bell Dr, Ridgefield, NJ, 07657
Building Size
84,237 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 4 Bell Dr, Ridgefield, NJ, 07657. It spans a total area of 84,237 square feet and is situated in the Ridgefield market. The landlord for this lease transaction is Sitex Group.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 4 Bell Dr, Ridgefield, NJ, 07657
- Market: Ridgefield
- Landlord: Sitex Group
- Landlord's Representative: Jules Nissim (Cushman & Wakefield)
- Square Feet: 84,237
The deal involves Jules Nissim representing the landlord, Sitex Group, in this lease transaction. The details reveal the role of the representative in facilitating the agreement for the property in Ridgefield.
Players
Ridgefield 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