Albert Khadeida Leases Industrial Space To Trifix Warehouse At 1400 East State Street
1400 East State Street
$10
$10/SF
Building Size
80,000 SF
Asset Type
Industrial
Closing
Mar 29, 2026
AI
The asset involved is an industrial property located at 1400 East State Street in Hamilton. The property encompasses 80,000 square feet and is leased at an asking rent of $10 per square foot under a Full Service Gross lease type.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $10/ft
- Lease Type: Full Service Gross
- Lease Size: 80,000 SF
- Landlord: Albert Khadeida
- Tenant: Trifix Warehouse
- Brokers: Jack Zalta, Emil Shabot & David Warren - KSR
- Date of Transaction: 03/30/2026
The representatives for the transaction include Jack Zalta, Emil Shabot, and David Warren from KSR, facilitating the leasing agreement between Albert Khadeida and Trifix Warehouse.
Players
Trenton 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