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1400 East State Street

Albert Khadeida Leases Industrial Space To Trifix Warehouse At 1400 East State Street
LEASEDIndustrial

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

Jack Zalta

Kassin Sabbagh Realty

Broker

$184.4M

vol

24 deals

Broker

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