Wind Turbine & Energy Cables Leases 17200 Square Feet At 777 Terrace Ave Hasbrouck Heights
777 Terrace Ave, Hasbrouck Heights...
Building Size
17,200 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 777 Terrace Ave, Hasbrouck Heights, with a total area of 17,200 square feet. The market for this location is Hasbrouck Heights, and it is being leased by Wind Turbine & Energy Cables from the landlord Alfred Sanzari Enterprises.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 777 Terrace Ave, Hasbrouck Heights
- Square Feet: 17,200
- Tenant: Wind Turbine & Energy Cables
- Landlord: Alfred Sanzari Enterprises
- Tenant's Representative: Joe Tormen-Lee & Associates
This lease transaction involves key representatives from both sides, with Joe Tormen-Lee & Associates acting as the tenant's representative. The landlord, Alfred Sanzari Enterprises, is responsible for the property lease, facilitating this transaction in Hasbrouck Heights.
Players
Hasbrouck Heights 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