Updated Aug 28, 2026
Manny Batat Leases 4,400 SF Industrial Space To Commercial Cabinets In Ringoes
137 Us Route 22
$10
$10/SF
Building Size
4,000 SF
Asset Type
Industrial
Closing
Aug 7, 2026
About this deal
AI
This transaction involves an industrial asset located at 137 US Route 202 in the Ringoes market. The property features a modified gross lease agreement with a total square footage of 4,400. The asking rent for the leased space is set at $10 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10/ft
- Lease Type: Modified Gross Lease
- Landlord: Manny Batat
- Tenant: Commercial Cabinets
- Broker: Jack Sardar - Tri State Commercial Realty
Jack Sardar represented Tri State Commercial Realty in facilitating this lease transaction, connecting the landlord, Manny Batat, with the tenant, Commercial Cabinets. The agreement reflects the terms negotiated between these parties within the industrial real estate market.
On the Map
$10
$10/SF
Industrial
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Players
Green Brook Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1586300.00%
Cash-on-Cash
-453369.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93