Updated Oct 29, 2024
1800 Furnish Leases Industrial Property In Freehold, NJ For 5 Years
183 Three Brooks Road
$15
$15/SF
Building Size
12,500 SF
Asset Type
Industrial
Closing
Mar 20, 2023
About this deal
AI
1800 Furnish has leased a industrial property located at 183 Three Brooks Road in Freehold, NJ. The property spans approximately 50,000 square feet and the lease term is for 5 years.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $14.75/ft
- Lease Term: 5 years
- Market: Freehold, NJ
The lease deal was facilitated by Adam Agus from Booth Street and Sol Meyer from Property Advisors USA.
The industrial lease at 183 Three Brooks Road in New Jersey leased for $15 in 2023. The building is 12,500 square feet, implying about 15 per square foot on the published price. Adam Agus, Booth Street appear on the lease alongside Booth Street. This page is the New Jersey file for the 183 Three Brooks Road industrial leased: pricing, party profiles, and other closed industrial comps from the same New Jersey sit in the Market section below. Filter that local industrial set by closing date to see what else leased near 183 Three Brooks Road around 2023. Published consideration for 183 Three Brooks Road is $15, dated 2023. Cite this 1800 Furnish Leases Industrial Property In Freehold, NJ For 5 Years lease when underwriting similar industrial product around New Jersey.
Players
Market 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
1057533.33%
Cash-on-Cash
-302246.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93