Updated Dec 4, 2024
Popcorn For The People Leases 3958 Square Feet At 140 Ethel Rd W Piscataway NJ
140 Ethel Rd W, Piscataway, NJ, 08854
Building Size
3,958 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 140 Ethel Rd W, Piscataway, NJ, 08854. It has a total area of 3,958 square feet and is situated in the Piscataway market. The landlord in this transaction is Denholtz Associates.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 140 Ethel Rd W, Piscataway, NJ, 08854
- Market: Piscataway
- Landlord's Representative: Jaime Zimmel - Zimmel Associates
- Tenant: Popcorn for the People
This transaction involves key representatives, including Jaime Zimmel from Zimmel Associates, who represented the landlord, Denholtz Associates, in the leasing agreement with the tenant, Popcorn for the People.
Players
Piscataway 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93